Additional capacity helps grow profitability at Minster
Minster Care Group’s strategy of growing its portfolio through acquisition, openings and extensions saw its revenue break the £100m mark.
The group and its subsidiaries,...
Openings and fees drive up revenue and EBITDAR at Meallmore
Increased fee rates and the fill up of new care homes helped drive up revenue and EBITDAR at Meallmore.
The operator, which runs 26 care...
Countrywide Care Homes recovering with growing occupancy
Occupancy continues to be on an upward trend at Countrywide Care Homes, following a low of around 78% during the height of the pandemic.
Its...
Therapeutic services key to Capstone’s growth strategy
Growth and development in therapeutic services for complex children and young people helped drive up profitability at Capstone Foster Care.
The agency, which has operations...
Envivo rebrands with acquisition and appointments of MDs
Envivo Group has officially rebranded to ivolve with the acquisition of Cavendish Care and the appointment of three MDs to cover different regions.
ivolve Group...
Impact Healthcare invests £56m in portfolio of care homes
Impact Healthcare REIT is investing £56m in six care homes that are owned and operated by Morris Care Ltd.
The portfolio has 438 beds, of...
Occupancy bouncing back at Somerset Care
Occupancy at Somerset Care has returned to its highest level since mid-2020, shortly after the beginning of the pandemic.
By October, care home occupancy had...
Improving occupancy and disposals drive up income at Jewish Care
Disposal of properties and improving occupancy across settings helped drive income up 28% at Jewish Care.
The operator, which runs nine care homes, four retirement...
Keys Group continues trend of acquisitions and organic growth
Acquisitions and organic projects helped drive growth at Keys Group, as it posted rising revenue and EBITDAR.
The group, which supports over 1,200 young people...
Covid outbreaks dampen occupancy recovery at Friends of the Elderly
Outbreaks of Covid-19 hampered occupancy recovery at Friends of the Elderly (FotE), leading to a slip in revenue and continued operating loss at the...