Fees and care hours help grow revenue at Voyage
Revenue grew 6.5% at Voyage Care due to increases in community hours and fees, its latest quarterly report has said.
During the three-month period to...
Shawbrook Bank to support Northern Healthcare’s growth plans
Provider of enhanced supported living services Northern Healthcare Ltd is partnering with Shawbrook Bank to help drive its growth.
Northern Healthcare supports individuals living with...
The Rise Fund and Investcorp invest in Outcomes First Group
Outcomes First Group (OFG) has been acquired by The Rise Fund and Investcorp from Stirling Square Capital Partners.
The Rise Fund, which is TPG’s global...
BN Care’s growth strategy to focus on dementia care
BN Care is building its portfolio of settings in the South with a focus on dementia care.
The provider completed the purchase of its sixth...
Occupancy and domiciliary delivery slip at Somerset Care
A drop in residential occupancy resulting from the negative impact of Covid-19 has led to a dip in turnover and EBITDA at Somerset Care.
The...
Schroders and Civitas hand over first five social housing projects
The first five projects backed by Schroder Real Estate and Civitas Investment Management (CIM)’s social supported housing (SoHo) fund have been handed over to...
Higher costs impact gains at Care South
Income from improving occupancy, higher average fees and more billed hours for homecare resulted in Care South posting a 6.9% rise in turnover.
In residential...
Cheyne Capital provides £219m backing to Riverstone Living
Cheyne Capital has provided a £219m senior facility to Riverstone Living for its Kensington residence.
The funding comes a year after it provided a £99m...
City & County acquires complex care business Interserve Healthcare
City & County Healthcare Group has bought Interserve Healthcare, including its service delivery brands Advantage Healthcare and Strand Nursing.
Interserve Healthcare is a complex care...
CareTech performance ‘broadly in line’ with expectations
The Omicron variant of Covid-19 in December led to challenges around staff absenteeism with lower than targeted occupancy and higher agency costs at CareTech.
Despite...