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Colliers’ occupancy claims
Occupancy rates in average residential care homes have fallen below 90% for the first time since 2002, according to research from Colliers CRE.The CRE...
Priory pulls IPO ideas as RBS looks to sell
In a major change of plan revealed this month, the Royal Bank of Scotland (RBS) is looking to raise around £1bn with a sale...
Southern Cross banking shuffle fails to save share dip
The consolidation of its banking facility into a new revolving £50m credit facility by the country’s largest care home provider Southern Cross Healthcare had...
Surgicare acquires Harley Street practice
Cosmetic surgery provider Surgicare has acquired London-based Plastic Surgery Partners in what has been described as a ‘seven-figure’ deal.Although exact details of the transaction...
Glen Care profit plummets
Specialist provider of residential care for mentally ill adults Glen Care Limited has reported a decrease in bottom line profit from £1.2m to £265,626...
Mild drop in profit
Mental health hospital provider Mild Professional Homes Limited has reported a £1.3m increase in revenues to £18.6m in the year ended 31 October 2009.The...
Mixed results at WPA
Western Provident Association (WPA) Limited has reported a fall in income on its technical account for the year ended 31 December 2009.Total income on...
A council’s journey of renogotiations
Iain MacBeath from Hertfordshire county council explores renegotiating care package fees and increasing efficienciesNot only are we currently faced with the most challenging financial...
Southern Cross gets crucified
Share prices at Southern Cross Healthcare collapsed yet again this month as interim results from the country’s largest elderly care home provider admitted that...
Allied acquires Homecare
Market leader Allied Healthcare Group has acquired a 50.1% shareholding in L&B, the parent firm of Ulster-based Homecare Independent Living Group, for £3.9m.Allied has...
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