Thursday, May 2, 2024
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Fee rates help increase revenue and EBITDAR at Balhousie

Increased fee rates helped drive revenue and EBITDAR at Balhousie Care Group, with margins also improving at the provider. A reduction in the use of...

Abbeyfield Housing Association joins Blackwood Homes and Care

Abbeyfield Housing Association has joined Blackwood Homes and Care, resulting in its 14 shared houses and their residents transferring across. Tech-focused care and housing provider...

Anchor closes in on care home target following Halcyon deal

Anchor has completed its deal to buy the entire share capital of Halcyon Care Homes Topco Ltd, closing in on its target of operating...

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...

Montreux fund geared to complete deal for Zero Three Care

The Montreux Fixed Yield Fund is set complete the acquisition of Zero Three Care (ZTC), previously Project Sycamore, an Essex-based business specialising in providing...

Placements affected by staffing difficulties at New Forest Care

New Forest Care reported a ‘marked increase’ in the number of referrals since the end of lockdown but placements were affected by staffing struggles. The...

Revenue and EBITDA boosted by occupancy growth at Care UK

Improvement in occupancy at Care UK helped grow revenue and EBITDA, as it continued its recovery from the pandemic, latest results showed. Average financial occupancy...

MAF Finance Group opens Edinburgh office and makes senior hires

MAF Finance Group (MAF) has opened a base in Edinburgh to strengthen its presence in Scotland, appointing Nick Elder and Deborah Louden to head...

Athena Care Homes expands portfolio with additions

Athena Care Homes has completed the purchase of its sixth and seventh settings - Alex Wood House and Langdon House in Cambridgeshire. The homes have...

Action for Children making progress in growing residential provision

Action for Children is making ‘good progress’ in increasing its provision of residential services, as part of its plans to open 10 new homes...