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The Perfect Storm
Four Seasons Health Care, the country’s third largest long term care provider has spent the past few years in rough seas.
The £1.4bn Qatari sponsored...
Swanton reports good platform for expansion
Complex needs care provider Swanton Care & Community has released its results for the year to 31 December 2009. Consolidated loss after taxation for...
Sanctuary going steady
Sanctuary Care has reported a steady set of financials for the year ended 31 March 2010.The firm recorded an increase in profit from £2.9m...
LNT raises £30m through sale and leaseback
The parent owner of one of 2010’s fastest growing care providers Ideal Care Homes, LNT Group, has sold the freehold to seven of its...
Acromas pitches for, and catches Nestor
Having last month claimed to be interested in acquiring homecare giant Allied Healthcare, the private equity group Acromas Holdings has this month had a...
Southern Cross head admits landlords hold worrying power
The long term future of the country’s largest elderly care provider, Southern Cross Healthcare, rests in the hands of its landlords the chief executive...
French care home operator expands
French care home operator Orpea boosted its portfolio by 5,000 beds last month in a deal which saw it grow its presence in both...
Rotten eggs at Wren
Trading in shares of Wren Extra Care were suspended in October when the company announced that it had yet again been forced into discussions...
UNDER PRESSURE
The demographics are in care operators’ favour but a combination of factors are making the sector ever tougher.
Deloitte’s reorganisation expert Gain Wright offers his...
Prime Rehabilitation and Mor-Care merge
Two Midlands-based complex needs domiciliary care providers which partnered on a scheme earlier in the year have made the decision to fully merge their...
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