Losses narrow at McCarthy Stone as revenue grows 70%
McCarthy Stone continues to make ‘good progress’ on its multi-tenure strategy with 176 (17.4%) of completions relating to rental, demonstrating demand for the offering.
While...
Farming charity to sell care homes to Agincare and Stow Healthcare
Farming charity Royal Agricultural Benevolent Institution (RABI) is selling its two residential care homes in Suffolk and Somerset.
Stow Healthcare, which operates six residential and...
Workforce increasingly identified as reason for deregistration
Workforce issues are increasingly being identified as a reason for deregistration of adult social care services.
Giving evidence to a committee of MPs, Ian Trenholm,...
CareTech navigates challenges with international and digital performing well
CareTech navigated through the various challenges presented by Covid-19, staff shortages and inflationary pressures, posting slight revenue growth, while EBITDA remained flat.
Its half-year results...
National Care Group invests in residential setting
National Care Group has invested £500,000 in a residential service, as part of an improvement programme across its portfolio.
Money has been invested into the...
Limerston-backed Trinity Homecare grows portfolio
Limerston Capital’s portfolio company Trinity Homecare has acquired a Bristol-based domiciliary business, as it continues to expand the group.
Premier Homecare delivers domiciliary and live-in...
Target Healthcare re-tenants homes following occupancy struggles
Lag in occupancy recovery caused by the Omicron variant has led to the re-tenanting of nine care homes from two tenants within Target Healthcare...
CMuk Meets… Phil Burgan
A trained pharmacist, the founder of Maria Mallaband Care Group has grown the business to more than 80 settings, with plans for further properties....
Lottie completes deal for Found
Comparison website Lottie has completed the acquisition of CRM and occupancy care home software business Found for £1.5m.
Launched in 2019 by Dan Morris, Found’s...
Fee inflation helps grow revenue and EBITDAR at Barchester Healthcare
Fee inflation helped grow revenue and EBITDAR at Barchester Healthcare, with enquiries for places in its care homes and hospitals reaching pre-pandemic levels.
Its latest...
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