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Morrison Community Care Group secures £6.6m finance
Morrison Community Care Group has secured £6.6m of finance from Allied Irish Bank (GB) for a care home in Troon, Ayrshire.
Queens View Luxury...
Acadia considers splitting Priory Group
The parent company of Priory Group is considering splitting the health and social care provider into two parts.
Private equity firm CapVest is among investors...
CareTech meeting market expectations following Cambian deal
Trading performance at CareTech is in line with market expectations, the group has announced ahead of its full-year trading update in December.
The update said...
Talks ongoing after Four Seasons sale ‘terminated’
The conditional sale of Four Seasons Health Care to H/2 Capital Partners has been ‘terminated due to certain conditions’ not being met.
In an announcement...
City and County posts revenue and EBITDA growth
Increased presence through acquisitions and the development of private pay and live-in propositions helped grow turnover at City & County Healthcare Group.
The group also...
Ashley House offloads its stake in Morgan Ashley Care Developments
Ashley House has sold its 50% interest in Morgan Ashley Care Developments LLP for £2m to its joint venture partner Morgan Sindall Investments Ltd...
Shortages leads to agency staff use at Cornwall Care
A shortage of nurses led to greater use of agency staff at Cornwall Care, its annual financial report has said.
The charity, which operates 16...
Higher levels of care leads to 8% growth in fees at Greensleeves
Average weekly fees grew 8.2% to £942 (2018: £871) at Greensleeves Homes Trust reflecting inflationary pressures and higher care needs of its residents.
Fees rose...
Future of Four Seasons leasehold care homes remains unclear
The future of 135 Four Seasons leasehold care homes remains unclear despite H/2 Capital Partners buying the 185 freehold properties for £350m.
The care home...
Norse Care targets self-pay customers
Norse Care is targeting growth of 10% in private payer income through additional rooms it is adding to its portfolio.
The provider of care homes...
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