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EBITDAR slips at Maria Mallaband despite occupancy uplift
Fee inflation and a recovery in occupancy helped drive up revenue at Maria Mallaband Care Group (MMCG) but rising costs and a cut in...
OneTouch expands into Australia with deal for AutumnCare
August Equity-backed OneTouch has acquired AutumnCare, an Australia based residential aged care software platform.
OneTouch is a digital care management platform for the homecare market...
One-third of Four Seasons care homes no longer for sale ‘in the near term’
Around one-third of the freehold care homes operated by Four Seasons that are up for sale will no longer be sold ‘in the near...
Achieve together positioned to deliver growth despite rising losses
Achieve together remains well placed to deliver organic growth and further acquisitions.
Financial results for its holding company, Galaxy Group Midco Ltd, showed the operator...
Occupancy uplift helps drive up EBITDAR at Graham Care Group
Fee increases and rising occupancy helped drive up revenue and EBITDAR at Graham Care Group, as the business continues with is expansion plans.
Revenue grew...
Housing 21 and ExtraCare Charitable Trust decide against merging
Housing 21 and The ExtraCare Charitable Trust have agreed to remain as separate organisations following their merger talks.
As reported at the end of March,...
OakNorth Bank sets £500m-plus lending target in care space
OakNorth Bank is targeting to lend £500m-plus over the course of the next 18 months across the care sector.
As well as care home operators,...
Improved performance at Bupa’s care services driven by growing occupancy
Revenue from older people’s care services operated by Bupa in the UK, Spain, Australia and New Zealand has grown 8%, helping this area of...
Impact Healthcare tenants report rising occupancy and fee growth
Impact Healthcare REIT tenants managed to increase fees and improve occupancy during the first half of the year, with food and utility costs expected...
Challenging times to continue for Nazareth Care Charitable Trust
Nazareth Care Charitable Trust posted ‘disappointing financial results’ as it was impacted by recruitment and retention challenges, reduced occupancy, and the rising cost of...
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