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...
MPs demand care workers receive flu vaccine
Flu vaccination uptake among care workers looking after older people is at best around 25%, survey results have shown.
A group of MPs said they...
Average CQC fine rises 242% post-pandemic, analysis reveals
The health and social care watchdog is prosecuting and fining care homes and registered providers more now than before the pandemic, analysis from law...
Diversification drives up revenue and EBITDAR at National Care Group
Increasing geographical coverage remains a key aim of National Care Group’s strategy, as it continues to post growing turnover and EBITDAR.
It plans to continue...
Assetz Capital provides funding for Macc Group care home
Assetz Capital provided a £6m funding package to Macc Group to assist in the construction of Abbey Rose, a care home development in Birmingham.
The...
Malhotra Group grows portfolio with latest care home
Malhotra Group has expanded its portfolio of specialist care facilities after completing a £10m development at Ryhope in Sunderland.
The project, Bede House, will be...
Staffing and financial challenges leading to ‘closures across the sector’
Recruitment and retention remain major areas of focus for Voyage Care as it looks to unlock its financial performance and grow.
During an investor call,...
OakNorth Bank to support LNT’s development ambitions
OakNorth Bank will provide a loan facility to LNT Care Developments to develop up to eight carbon-zero settings.
Each care home site will also include...
Gaynor Rhead recruited by Cornerstone Healthcare Group
Cornerstone Healthcare Group has appointed Gaynor Rhead as its commissioning home director.
With experience in healthcare management, Rhead will oversee the opening of Cale View...
The Abbeyfield Society appoints Paul Tennant as chief executive
The Abbeyfield Society has appointed the leader of The Law Society Paul Tennant as its chief executive officer.
Tennant, who has been chief executive at...
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