EBITDA rises at Lifeways as its exits ‘loss-making’ activities
Supported living provider Lifeways reported a slip in revenue after it withdrew from ‘loss-making’ activities.
The provider told CM it was planning to grow its...
Growth in extra care helps drive turnover at Radis
Fee increases on existing contracts and growth in extra care provision helped drive turnover at Radis Ltd, which has also reported rising EBITDA.
The group,...
Mirthy raises £800,000 to build community platform for over 60s
Community and activities platform Mirthy has raised £800,000 pre-seed investment a year after launching, growing its user numbers to more than 30,000.
The pre-seed round...
Care UK expects increased profitability within the next two years
Care UK expects to a see a return to profitability within a couple of years as occupancy across its portfolio of homes recovers.
Its financial...
Honor Technology acquires provider Home Instead
San Francisco-based Honor Technology has acquired homecare provider Home Instead.
The deal brings together one of the world’s biggest domiciliary care brands and a leading...
Octopus Real Estate delivers £19m loan for retirement living scheme
Octopus Real Estate (ORE) has completed a £19m loan secured on a site with planning consent for an 88-unit retirement living scheme in Kew,...
Cera expands homecare offering to provide nursing services
Homecare technology company Cera is expanding into nursing services across its UK network.
The company, which employs 6,000 people in more than 70 locations, will...
Revenue at Bupa care services remains flat
Revenue at Bupa Care Services in the UK remained stable during the first half of the year reaching £192m (HY 2020: £192m).
Bupa’s results for...
Target Healthcare progressing on deals as portfolio value grows
Target Healthcare REIT’s property portfolio value grew 5.2% in the most recent quarter, with the investor progressing to completion on other deals.
Its unaudited quarterly...
Oakland Care secures financing to support growth
Oakland Care has secured a five-year financing package that will support its development of purpose-built care homes.
It will be continuing its partnership with HSBC,...
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