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Private equity eyes up care
Private equity firms are actively pursuing the takeover of Southern Cross Healthcare, Four Seasons Healthcare and Barchester Healthcare, according to CCMN sources.Although it is...
Orchard’s CVA salvation
Orchard Care Homes, the elderly residential care provider which has seen rapid growth in beds numbers since going through a management buy out (MBO)...
Sunrise flees Germany
The US-based high end assisted living provider Sunrise Senior Living has all but ended its relationship with Germany with the news that a deal...
Mears interims’ boasts
Interim results published by Mears last month show that there is little chance of a slowdown in the social housing and domiciliary care provider’s...
Pressure cooker provision – does a 0.5% fee uplift for elderly care spell disaster?
Long term care providers have little to look forward to for the next year, and in all probability for some time beyond, if the...
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...
Bust care home landlord leads to portfolio sale
The freehold interest in 64 care homes managed by a range of the sector’s largest providers have come up for sale after the landlord...
CareTech’s solid results
Specialist learning disabilities social care provider CareTech Holdings has announced a 5% increase in revenue from £39.5m to £41.4m in its interim results for...
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