Friday, March 29, 2024
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Quality issues dampen contract wins at Shaw Healthcare

Shaw Healthcare Group has reported a ‘disappointing’ financial performance despite growing turnover from new contracts. Revenue grew 12.8% to £112m last year (2019: £99.6m) but...

Apposite Capital sells MiHomecare and Complete Care

City & County Healthcare Group has purchased MiHomecare and Complete Care Amegreen from private equity firm Apposite Capital. MiHomecare, which includes Noble Live-In Care, provides...
Profits slide after tough regulatory year for Runwood Homes

Occupancy dips at Minster Care Group

Covid-19 has led to occupancy dipping 10% below normal levels at Minster Care Group, with admissions lower than ‘historic norms’. In its latest financial report,...

Triple Point buys properties for £12m

Triple Point Social Housing REIT has completed the acquisition of seven supported housing properties for £12.1m. The homes, comprising 68 individual units, are in the...

EBITDA halves at Lifeways as it implements transformation strategy

Lifeways continues to implement its transformation programme in the way it provides services, resulting in a fall in revenue and EBITDA. Planned closures of residential...

Aedifica to invest £9m in care home

Aedifica plans to invest £9m in the construction of a care home as it continues to grow its UK estate. The property in Shipley, Yorkshire,...

Triple Point completes majority of projects as fundamentals ‘remain strong’

Triple Point Social Housing REIT completed all but two of its 22 forward funded projects last year, providing homes for 280 residents. It has committed...

Bupa’s global care operations report 9% drop in occupancy

Falls in occupancy and higher costs resulted in Bupa’s aged care markets globally posting an underlying loss. The business supports around 20,000 residents in its...

Tonic Housing secures loan for LGBT+ retirement community

Tonic Housing has secured a £5.7m loan to open the UK’s first LGBT+ affirming retirement community. Support from the Greater London Authority will enable the...

HC-One to offload 52 care homes

HC-One is selling 52 of its care homes and closing a further four as part of a group restructure. The provider, which supports 14,000 residents...