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Bupa’s care division impacted by occupancy and workforce challenges
Underlying losses in aged care at Bupa grew year on year as challenges in the UK, Australia and New Zealand impacted performance in the...
Gold Care Homes grows portfolio with deal for Sonnet
Gold Care Homes has acquired two care homes in Bocking, Essex, growing its portfolio of properties to 29.
It has purchased Sonnet Care Homes, which...
Vacancies at Essex Cares Ltd prove difficult to fill
Growth in reablement services at Essex Cares Ltd (ECL) helped sustain financial performance despite reduced staffing capacity affecting some of its contracts.
Recruitment and retention...
Local government pension schemes keen to invest in health and care
Health and social care opportunities are particularly attractive to UK local government pension scheme (LGPS) fund professionals, survey results have shown.
Market research carried out...
Rent collection drops at Triple Point as providers face challenges
Rent collection at Triple Point fell below historic levels due to arrears at two of its providers - My Space Housing Solutions and Parasol...
OakNorth Bank provides £6m loan to LV Care Group
LV Care Group has been provided with a £6m loan from OakNorth Bank to refinance an existing facility on its Cheval Roc care home...
Montreux fund geared to complete deal for Zero Three Care
The Montreux Fixed Yield Fund is set complete the acquisition of Zero Three Care (ZTC), previously Project Sycamore, an Essex-based business specialising in providing...
RMBI Care closes charity bond after reaching £10m
The Royal Masonic Benevolent Institution Care Company (RMBI Care) has closed a charity bond after reaching £10m through investments in less than four weeks,...
Investors need to develop understanding of care sector, report finds
Institutional investors need to better understand the care sector to help deliver sustainable returns, as interest in the asset class grows.
A report from healthcare...
Staff availability impacting growth at Voyage Care
Rises in fees helped revenue growth at Voyage Care but continued workforce challenges resulted in falling EBITDA, quarterly results showed.
Revenue in the three months...
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