Thursday, May 9, 2024
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Trusts decide to pool resources with merger

The Fremantle Trust has merged with The Orders of St John Care Trust (OSJCT) after an 18-month process of looking for a partner. As reported...

Impact Healthcare ‘well positioned’ to support residents and NHS

Higher occupancy and strong fee increases contributed to improved financial performance for most of Impact Healthcare REIT tenants, annual results showed. Occupancy continued to recover...

Burgan’s care homes post profit

Care home operations owned by Phil Burgan – Maria Mallaband Care Group and Countrywide Care Homes Ltd – both returned to profit despite challenges...

Reshaping of aged care business hits UK results at Bupa

UK revenue and underlying profit both fell at Bupa last year as it reshaped its aged care business following the sale of 132 care...

Impact signs deals worth more than £20m

Impact Healthcare REIT has exchanged contracts on three acquisitions worth a total of £20.2m. It has bought Holmesley Nursing Home in Sidmouth, Devon, three units adjacent...

Mears to place greater emphasis on housing with care

Mears Group plans to accelerate changes to its care business, placing increasing emphasis on housing with care. Care revenues at the group fell 15% to...

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...

MiHomecare and Complete Care target growth after finalising restructure

MiHomecare and Complete Care have completed their restructure and turnaround plans as they begin to target growth. MiHomecare, a domiciliary care services provider for elderly...

Audley to power all villages using green energy

Audley Group’s portfolio of 19 villages and its Mayfield Watford development will all be powered by green energy by November 2021. Audley Cooper’s Hill in...

Armighorn Capital buys care home following £2m funding package

Healthcare provider Armighorn Capital has bought Amberleigh House Care Home in Aintree, Liverpool, as part of a £2m funding package. Funds for the deal were...