Sunday, February 17, 2019

Ludlow reports boost in turnover

Growth in occupancy and a rise in users across its services helped boost turnover at Ludlow Street Healthcare Group Ltd by 5.6% to £39.3m...

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...

MPS Care Group boosted by strong occupancy levels

Turnover at care home provider MPS Care Group Ltd grew 7.4% to £15.9m in the year ended 30 April 2017, up from £14.8m in...

Funding challenges bite Disabilities Trust

The Disabilities Trust has reported a slight dip in operating income for the year ended 31 May 2017, due to the challenging financial environment...

HC-One bolstered by boost in profit

Major care home operator HC-One has reported a pre-tax profit for the first time since it was formed in 2011, its accounts to the...

Losses at Cambian Group continue as revenue rises

Revenue at children’s services provider Cambian Group grew 7.6% to £196m in the year ended 31 December 2017 (2016: £182.1m), helped by a rise...

Buyer sought for Priory homes as revenues rise

The US owner of the Priory Group is looking for a buyer of its nursing home business in the UK. In a conference call about...

C&C acquires majority of Ark Home Healthcare

Ark Home Healthcare has been offloaded by private equity fund Core Capital for an undisclosed sum to City and County Healthcare Group, with MiHomecare...

Southern strategy increases Hallmark’s profits

Hallmark Care Homes Group reported a 6.5% rise in revenues from £52.4m to £56.3m for the year ended 31 March 2017. Cost of sales...

Future lease costs leave Avery just in the red

Avery Healthcare Holdings reported a 7.7% rise in revenues for the year ended 31 March 2017 from £126m to £135.8m. Cost of sales were £72.9m...