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Impact Healthcare invests £56m in portfolio of care homes
Impact Healthcare REIT is investing £56m in six care homes that are owned and operated by Morris Care Ltd.
The portfolio has 438 beds, of...
Occupancy bouncing back at Somerset Care
Occupancy at Somerset Care has returned to its highest level since mid-2020, shortly after the beginning of the pandemic.
By October, care home occupancy had...
Improving occupancy and disposals drive up income at Jewish Care
Disposal of properties and improving occupancy across settings helped drive income up 28% at Jewish Care.
The operator, which runs nine care homes, four retirement...
Keys Group continues trend of acquisitions and organic growth
Acquisitions and organic projects helped drive growth at Keys Group, as it posted rising revenue and EBITDAR.
The group, which supports over 1,200 young people...
Covid outbreaks dampen occupancy recovery at Friends of the Elderly
Outbreaks of Covid-19 hampered occupancy recovery at Friends of the Elderly (FotE), leading to a slip in revenue and continued operating loss at the...
Outcomes First and National Fostering Group split
Operator of specialist schools Outcomes First Group (OFG) is splitting from the National Fostering Group (NFG) to create two separate companies.
OFG’s brands Acorn Education...
Demand for homecare helps drive up results at Care South
Enquiries and admissions are returning to more ‘normalised levels’ at Care South, as it reverses the decline in occupancy levels caused by the pandemic.
Homes...
Leadership of Valorum Care Group changes hands as CEO and chair exit
Valorum Care Group chief executive Rhian Stone and chair Simon Harrison are no longer at the provider after parent company FourSynergy Group sold its...
Impact increases revolving credit facility with Virgin Money
Impact Healthcare REIT has doubled its existing revolving credit facility with Clydesdale Bank - trading as Virgin Money - from £25m to £50m.
It has...
Swanton Care and Community completes two further acquisitions
Apposite Capital-backed Swanton Care and Community has acquired Children and Family Services Ltd (CFS) and Care Homes for Adults with Disabilities Ltd (CHAD).
CFS, trading...
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