Business

In what could be the start of a recovery, Elli Investments, the holding company for Four Seasons Health Care reported a drop in operational...

MITIE’s healthcare division reported a 14.7% drop in revenues for the year ended 31 March 2016 as it downsized by nine homecare branches. Total...

Orchard Care Homes.com Holdings Limited reported a 18% rise in revenues from £106.3m to £125.4m for the year ended 31 March 2015, including £2m...

Despite adding more than 100 new beds to its portfolio, revenues for Runwood Homes remained static for the year ended 30 September 2015. The...

Ahead of its acquisition of Options First Group, Sovereign-backed Outcomes First Group reported revenues of £45.9m for the year ended 31 December 2014, its...

Ratings service Moody’s has downgraded both Care UK’s corporate family rating and probability of default rating from B3 to to Caa1 and B3- PD...

Ahead of the publication of its results for the six months ended 31 March 2016, CareTech said in a stockmarket statement that ‘strategic initiatives...

Ratings service Moody’s has downgraded both Care UK’s corporate family rating and probability of default rating from B3 to to Caa1 and B3- PD to Caa1-PD respectively. It has also downgraded the rating of its Senior Secured Floating Rate Notes from B3 to Caa1 and its Senior Subordinated Second Lien Notes to from Caa2 to Caa3. Moody’s, however, said the outlook for the care home operator was stable.

Ahead of the publication of its results for the six months ended 31 March 2016, CareTech said in a stockmarket statement that strategic initiatives undertaken over recent years have delivered a stronger performance compared with the same period last year on all key financial metrics’.

Audley is to invest £200m in new retirement villages aimed at mid-market customers over the next five years. Mayfield Villages has been launched to meet...