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Compass grows revenue despite funding pressure
Compass Holdco, the holding company for a number of companies operating under the Compass fostering brand, reported a growth in both revenue and operating...
Cambian enjoys successful six months
Profits leaped for specialist care provider Cambian in the six months ended 30 June 2015, its unaudited accounts for the period show.Revenue rose from...
Profits down for Myriad
MHL Hold Co Limited, the holding company of Caring Homes’ owners Myriad Group, reported revenues of £151.8m for the year ended 31 March 2015,...
Bupa stays steady despite tricky trading conditions
Underlying profit at Bupa’s UK business was down 10% in the first half of 2015 due to narrowing margins in corporate health insurance.Group revenue...
Orchard to manage Life Style Care (2011) homes
The administrators of Life Style Care (2011) plc have confirmed that it has appointed Orchard Care to manage the portfolio of former South Cross...
HCN buys a stake in Avery
Health Care REIT (HCN) has made further in-roads into the UK care home market by buying an ‘initial’ 9.9% stake in Avery Healthcare Group.
The...
Static six months for Mears Care
Mears Group reported revenues of £430m (2014: £428.1m) and a profit before tax of £19.2m (2014: £18.7m) in its interim results for the six...
Turnover and profits up at Priory Group of companies
Priory Group said it was in a strong position to pursue a growth strategy after announcing an 8% rise in revenue to £520.7m for...
Solid year for B&M Care Group
B&M Care Group Limited experienced a 5.1% rise in turnover from £31.5m to £33.1m for the year ended 30 September 2014.Taking into account cost...
News in brief
Residential care property developer Castleoak has become the first corporate supporter of extra care representative body, The Associated Retirement Community Operators (ARCO).
Under the agreement,...
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