Saturday, May 18, 2024
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Agency costs rise sharply at Four Seasons Health Care

Agency usage grew in the first quarter at Four Seasons Health Care and will remain a key area of focus as the provider looks...

Rising costs impact quarterly EBITDA at Voyage Care

Growth in occupancy and weekly fees helped drive up revenue at Voyage Care in the first quarter of the financial year, but figures were...

Pension funds expect exposure in social care to grow

Eight out of ten UK pension schemes expect institutional investors to increase their exposure to social care, survey results from Downing LLP have revealed. The...

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...

Shawbrook Bank provides £4m to CareConcepts

Care home provider CareConcepts has expanded its portfolio, acquiring Marion Lauder House with support from Shawbrook Bank.  Set up by a team who have operated...

Performance at The Disabilities Trust dampens as it shifts focus

Difficulties experienced in staffing and occupancy resulted in The Disabilities Trust moving from a net surplus in 2021 to a deficit last year, with...

Optimo focused on competing for ‘commercially safe contracts’

Optimo Care Group is focused on growth through acquisition and diversification, as it reported falling revenue and EBITDA due to a drop in contracted...

Care home deals roundup

Hazeldene House in Chesterfield, East Midlands, has been sold to a West Yorkshire care group. The residential and dementia care home is a two-storey, 21-bedroom...

Optimo continues expansion with Abbey Care acquisition

Optimo Care has continued its expansion with the acquisition of supported living and specialist care provider Abbey Care and Nursing @Home Limited. Financial details of...

Triple Point continues to consider further disposals

Triple Point Housing REIT will consider further disposal opportunities following the sale of a portfolio of homes in September. In an update, it said this...