Sunday, April 28, 2024
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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...
Profits slide after tough regulatory year for Runwood Homes

Prestige continues shift towards higher acuity care

Homecare provider Prestige Nursing has continued its shift towards delivering higher acuity care, which now accounts for a third of the operator’s business. The group...
Diversification proves positive for Impact Healthcare

Impact Healthcare raises £35m

Impact Healthcare REIT has raised £35m from the placing of new ordinary shares. The company’s investment manager is working on several transactions which, if completed,...

Target signs up new tenants for care homes

Target Healthcare REIT has signed up new tenants for six care homes previously leased to Orchard Care Homes. The re-tenanting will result in the properties...

Tunstall Healthcare secures funding to support growth

Tunstall Healthcare has secured additional funding as part of a recapitalisation and debt restructure as it continues its transition to a software solutions-focused business. Barings...

Aedifica to invest £13m in care home

Healthcare real estate company Aedifica plans to invest £13m in a purpose-built care home in Congleton, Cheshire. The property, which is due to open in...
CareTech positive over fee rises

CareTech ahead of expectations despite dip in fostering division

Net capacity across CareTech fell over a six-month period due to a decline in its fostering division. As of the end of September, capacity across...
Profits slide after tough regulatory year for Runwood Homes

Restructuring results in falling losses at MiHomecare

MiHomecare and Complete Care have both reported rising turnover following completion of their restructuring. MiHomecare, a domiciliary care services provider for older and disabled people,...

Civitas secures £84m loan facility from M&G

Civitas Social Housing has secured a loan of £84.6m from M&G Investment Management Ltd, a new lender to the company. The facility is repayable seven...

Growing occupancy boosts revenue and EBITDA at Ideal Carehomes

Rising occupancy and fee increases helped grow revenue and EBITDA at Ideal Carehomes. The provider strengthened its leadership team to improve occupancy across its estate...