Providing elderly care an economic challenge, says Lord King
Saving enough money for retirement and care for the elderly are two of the biggest economic challenges facing the country, the former Bank of...
Four Seasons shifts ‘mind-set’ over fees as it agrees sale of three homes
Average weekly fees at Four Seasons Health Care are ‘significantly in excess’ of £1,000, resulting from a change in ‘mind-set’ of both the provider...
John Tonkiss confirmed as McCarthy & Stone chief executive
McCarthy & Stone has appointed John Tonkiss as its chief executive officer, taking up the role with immediate effect.
He had been interim chief executive...
Macc Care Group to grow portfolio with acquisition of site
Macc Care Group has bought a freehold site that has full planning consent for a 72-bedroom care home in Shirley, West Midlands.
The project, which...
Occupancy uplift helps drive up EBITDAR at Graham Care Group
Fee increases and rising occupancy helped drive up revenue and EBITDAR at Graham Care Group, as the business continues with is expansion plans.
Revenue grew...
Impact considers cash injection to buy care homes
Impact Healthcare REIT is proposing to raise £150m after identifying a portfolio care homes it wants to buy.
The real estate investment trust, which intends...
Jane Townson to chair Care Provider Alliance
Homecare Association chief executive officer Dr Jane Townson will chair the Care Provider Alliance (CPA) for 2023/24.
The CPA is a coalition of national voices...
‘Inadequate housing’ provision for older people, lords committee told
The planning system requires more clarity to help unblock the unmet need for specialist housing for older people, a lords select committee has been...
HICA Group buys Harrogate care home
Hull-based HICA Group has purchased Hampden House in Harrogate, North Yorkshire, from Elizabeth Finn Homes for an undisclosed sum.
Hampden House is a 66-bed purpose-built...
Target completes £13.8m care home purchase
UK-listed investor Target Healthcare has bought a purpose-built care home in Ringmer, East Sussex, for approximately £13.8m.
The transaction follows a successful share placing earlier...
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