Friday, April 26, 2024
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CHA criticises Outcomes First Group over closure of services

Outcomes First Group (OFG)’s decision to close 25 children’s homes has been described as ‘unacceptable’ and ‘falls woefully short’ of standards expected from operators...

Welltower backs Healthcare Ireland’s expansion plans

Privately-owned care home operator Healthcare Ireland plans to create up to 950 jobs as part of a multi-million-pound plan backed by US investment firm...

Care at Home Services targets organic growth and acquisitions

Ongoing integration of Westminster Homecare into Care at Home Services (South East) Ltd helped drive revenue up 37%, with further growth planned. Results for the...

Leonard Cheshire’s turnaround plan to include disposal of properties

Leonard Cheshire is in the process of disposing of nine care settings as a part of a turnaround plan. The properties are estimated to be...

Completed projects help grow valuation of Aedifica’s portfolio

Completed development projects helped grow the valuation of Aedifica’s property portfolio, which rose by €9m (£7.8m) during the first three months of the year. The...

Low referrals impact occupancy at LifeCare nursing home

Low levels of referrals for post-operative care impacted occupancy at LifeCare Residences’ Battersea Place nursing home. Average occupancy at the London setting for the year...

Balhousie posts revenue growth but pressure on margins persist

Increased fees helped drive up revenue at Balhousie Care Group but pressure on margins continued due to rising staff wages and use of agency...

Civitas Social Housing board reaches agreement over £485m offer

The board of Civitas Social Housing plc has agreed a recommended cash offer of £485m from Wellness Unity Ltd, a wholly owned indirect subsidiary...

Ludlow Street Healthcare and Holmleigh Care launch under new brand

Ludlow Street Healthcare and Holmleigh Care have relaunched under a new brand name. The establishment of Iris Care Group follows the merger of the two...

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...