Friday, April 26, 2024
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Covid outbreaks dampen occupancy recovery at Friends of the Elderly

Outbreaks of Covid-19 hampered occupancy recovery at Friends of the Elderly (FotE), leading to a slip in revenue and continued operating loss at the...

Bupa’s care division impacted by occupancy and workforce challenges

Underlying losses in aged care at Bupa grew year on year as challenges in the UK, Australia and New Zealand impacted performance in the...

Growth in extra care helps drive turnover at Radis

Fee increases on existing contracts and growth in extra care provision helped drive turnover at Radis Ltd, which has also reported rising EBITDA. The group,...

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...

HC-One to offload a further 19 care homes

HC-One plans on selling 19 care homes in addition to the 52 properties it announced it was offloading two years ago. Staff, residents and their...

SME Capital supports Beacon Homecare Services to grow

Beacon Homecare Services Ltd has grown its presence with a bolt-on acquisition, supported by SME Capital. The homecare group, led Ross Tomkins, provides services across...
Elysium Healthcare opens specialist inpatient service

Elysium revenue improves as occupancy rates climb

Mental health hospital provider Elysium Healthcare booked a 10% jump in revenue to £371.2m in the year ended 31 December 2021 as bed numbers...
Diversification proves positive for Impact Healthcare

Impact gains index inclusion

Impact Healthcare REIT will be added to the FTSE European Public Real Estate Association (EPRA)/NAREIT Global Real Estate Index Series. The investor will be added...

Triple Point buys supported housing properties for £14m

Triple Point Social Housing REIT plc has bought 10 supported housing properties and exchanged contracts on a further two, comprising 56 individual units. The deals...

Impact Healthcare progressing with pipeline of investments

Impact Healthcare REIT is continuing to progress with a ‘strong and growing’ pipeline of investment opportunities, several of which are in exclusivity. In a business...