EBITDA rises at Somerset Care despite pressures
External pressures resulted in declining homecare and learning disability hours at Somerset Care but this was offset by growing occupancy in its care home...
Agency costs at Mencap grows despite investment in staff pay
Agency costs more than doubled at Royal Mencap Society despite investing in pay for its support workers.
The charity decided to increase its minimum hourly...
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...
Staffing continues to be a ‘primary concern’ at Affinity Trust
Staff turnover continues to be a ‘primary concern’ for the Affinity Trust, with rates having approached 50%, its latest results showed.
The provider, which operates...
Occupancy recovery helps drive revenue growth at Minster
Recovering occupancy rates helped drive revenue up 16.8% at Minster Care Group but its posted falling pre-tax profit and EBITDA.
The operator, which runs 66...
Unbudgeted cost rises leads to growing deficit at Greensleeves
Recruitment at some settings operated by Greensleeves Homes Trust has proved difficult, leading to ‘heavy reliance’ on agency, with spend in this area more...
Person Centred Software grows connected care offering with acquisition
Person Centred Software has acquired DepenSys as part of its expansion to its connected care offering.
The deal means more than 6,000 care...
Silbury Finance provides joint venture with £66m loan for retirement scheme
Silbury Finance has provided a joint venture vehicle established by Audley Group and Senior Living Investment Partners (SLIP) with a £66.5m loan.
The 53-month senior...
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...
Downing LLP-backed Mysa Care buys PoC in ‘transformative’ deal
Downing LLP-backed Mysa Care has acquired South Wales based supported living and care business PoC in what has been described as a ‘transformative’ deal...
©2024 All rights reserved LaingBuisson 