Friday, May 3, 2024
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Swanton well positioned to meet care sector challenges

Successful tenders helped grow revenue and EBITDA at Swanton Care and Community, with the group ‘well positioned’ to meet challenges the industry faces. Financial results...

Horizon Care & Education fully integrates Key2 with rebrand

Horizon Care & Education has fully integrated Key2 into its business by renaming the division Horizon Supported Accommodation. The move comes as it prepares for...

Aedifica ‘cautiously’ resumes investments as rental income rises

Rental income across Aedifica’s UK portfolio of care homes reached €17.6m (£15.1m) in the first quarter of the year, up 14.3% on the corresponding...

Administrators kick off sale of Four Seasons care homes

Administrators to Four Seasons Health Care have restarted the sale process of the operator’s Northern Irish business. Alvarez & Marsal, which was appointed as administrators...

Shortages leads to agency staff use at Cornwall Care

A shortage of nurses led to greater use of agency staff at Cornwall Care, its annual financial report has said. The charity, which operates 16...

Silbury Finance signs off £64m loan for retirement scheme

Silbury Finance – the Oaktree Capital Management-backed development lender – will provide a £64.3m loan to support the development of a 124-apartment retirement scheme...

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...
Losses balloon at Tunstall Healthcare

Contract wins drive revenue growth at Grosvenor Health and Social Care

Grosvenor Health and Social Care has grown its revenue by 4.1%, as the provider was awarded several new contracts, extended existing deals and gained...

Kingsley Healthcare restructures as part of digital growth strategy

Kingsley Healthcare has restructured its digital, marketing and IT department to prepare the company for its next phase of growth. The strategy has been set...

OakNorth Bank provides loan to fund supported living scheme

OakNorth Bank has completed a £531,000 loan to the development arm of Midway Care Group. Sincere Homes will use the money to fund the development...