Balhousie posts revenue growth but pressure on margins persist

Increased fees helped drive up revenue at Balhousie Care Group but pressure on margins continued due to rising staff wages and use of agency...

Civitas Social Housing board reaches agreement over £485m offer

The board of Civitas Social Housing plc has agreed a recommended cash offer of £485m from Wellness Unity Ltd, a wholly owned indirect subsidiary...

Ludlow Street Healthcare and Holmleigh Care launch under new brand

Ludlow Street Healthcare and Holmleigh Care have relaunched under a new brand name. The establishment of Iris Care Group follows the merger of the two...

HC-One to offload a further 19 care homes

HC-One plans on selling 19 care homes in addition to the 52 properties it announced it was offloading two years ago. Staff, residents and their...

Close partnerships

Stuart Savidge, fund managing director at Henley, explains why a hands-on approach is needed UK adult social care services are severely undersupplied and there is...

Target expects further profitability growth among tenants

Target Healthcare REIT anticipates profitability growth among its tenants as occupancy continues to improve, helping support valuations. Disposals and re-tenanting supported its portfolio as it...

Review results in Methodist Homes deciding to withdraw from services

Methodist Homes (MHA) plans to stop operating 10 of its care homes in England and Wales, with eight being put up for sale. Following a...

Nourish Care partners with workforce management solution

Nourish Care has partnered with a workforce management solution to help provide more oversight within its digital eco-system. Workforce.com and Nourish customers will be able...

OakNorth backs Phoenix Learning and Care with £20m loan

OakNorth Bank has provided a £20m loan to Phoenix Learning and Care Group to support the acquisition of residential children’s homes and education sites,...

Rental income grows 11% at Impact Healthcare REIT

Contracted annual rent across Impact Healthcare REIT’s portfolio grew 11% in the first quarter of the year, with investment in six care homes and...