Indicators ‘trending adversely’ for three years at Cornwall Care
Financial indicators around working capital and indebtedness were ‘trending adversely’ for three years, forcing Cornwall Care to temporarily close three of its care homes.
Last...
Four Seasons agrees £70m loan with H/2 Capital
Four Seasons Health Care announced this morning that H/2 Capital Partners is to provide up to £70m in funding to help the care home...
Fee rises boost MPS Care turnover
Rising average fees and a new care home helped MPS Care Group post growing turnover of £16.5m (2017: £15.9m) for the year ended 30...
Terra Firma in negotiations to offload brighterkind, suggests report
Guy Hands is in talks to sell 24 care homes to real estate investor Patron Capital Partners, Sky News has reported.
It said Hands’ Terra...
TVM invests in myo to support growth in UK
Berlin-based digital healthcare start-up Myosotis GmbH (myo) has received €10.5m (£9m) investment to help grow its business in Germany, Austria, Switzerland (DACH region) and...
Bupa reports ‘stable’ performance across UK care services
Performance at Bupa’s UK care services remained stable despite a challenging environment, which saw the provider exit a county council contract with the transfer...
Voyage Care makes addition as revenue grows
Voyage Care has bought supported living provider Fox Elms Care Ltd in Gloucestershire for £2.4m as it continues to increase the number of people...
Falling admissions impact Four Seasons Health Care
Admissions at Four Seasons Health Care dropped more than 50% at one point this month due to the impact of Covid-19.
At this time of...
Athena Healthcare Group receives investment for care village
RM Funds - the investment manager of RM Secured Direct Lending - has provided a £13m three-year loan facility to Athena Healthcare Group.
The financing...
Elevation Advisors begins partnership with Halcyon Care Homes
The real estate fund advised by Elevation Advisors has completed a sale and leaseback from Halcyon Care Homes of five properties with a total...
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