ExtraCare increases surplus

The ExtraCare Charitable Trust reported an increase in turnover and surplus for they year ending 31 March 2013. The market leading extra care provider, which...

Revenue rise for Caring Homes

Ahead of its sale and leaseback deal with Griffin-American Healthcare REIT (CCMn July 2013), Caring Homes Healthcare Group Limited reported a rise in revenues...

Avante launches £5m bond

Avante Partnership has launched a £5m charity bond to fund the development of a 75-bed dementia care home on the Isle of Sheppey.Promoted by...

Cambian set to go public?

Mental healthcare provider Cambian could be set to list on the London Stock Exchange in a £500m float according to rumours within the sector.Sky...

Target fully invested’

Target Healthcare REIT is to launch a new share offer after the company said it was now fully invested’ following the acquisition of two purpose-built care homes in the north west of England. Formed in January 2013, the specialist investor was listed on the London Stock Exchange two months later, raising £45.6m. Target bought the homes in Longridge, near Preston, Lancashire and St Helens, Merseyside for £11.5m, including acquisition costs. Offering a total of 154 beds, the two homes provide both residential and dementia care.

CMG announces debt for equity swap

Care provider for people with learning disabilities, Care Management Group (CMG), announced last month that it had refinanced with £47m of £107m debt replaced...

Solid showing from Methodist Homes

Charity Methodist Homes (MHA) reported a 16.8% rise in incoming resources for the year ended 31 March 2013 to £179.7m from a restated figure...

Marginal drop for Shaw

Shaw Healthcare experienced a marginal drop in turnover from £85m to £84.6m for the year ended 31 March 2013. The previous year’s revenues included £874,000...

Start-up Eden posts ‘satisfactory’ profits

Supported living provider Eden Care and Support Group Limited reported revenues of £18.6m for the 17 and a half month period between 18 June...

Growth halted at Priory Education

Priory Education Services Ltd, once the financial jewel in the healthcare group’s crown, has posted a drop in turnover for the first time since...