Tuesday, April 23, 2024
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Downing exits partnership with Macc Care

Investment manager Downing LLP has exited its six-year partnership with Midlands provider Macc Care. The partnership saw Downing provide around £70m for acquisitions, refurbishment and...

Homecare providers refusing requests for care, NCF survey finds

Two-thirds (66%) of homecare providers are refusing new requests for care, while one in five (21%) are handing back existing packages.   A survey by...

Digital programme launched to help find social care solutions

Innovators are being urged to find ways to deliver mental health and social care support digitally as part of a drive to provide more...
Kenneth MacKenzie, Target Fund Managers chief executive officer

Target Healthcare to focus on occupancy as it grows portfolio  

Target Healthcare REIT’s portfolio value grew 3.2% as it continued to acquire properties. In the three months to 30 September, the investor completed the purchase...

Operating margins on the rise at Mears

The Mears Group’s care division experienced a good first half of the year with operating margins increasing in line with guidance, the provider said...

Mears Group completes exit from domiciliary care

Mears Group has completed its exit from domiciliary care with the disposal of its Scotland operations. Cera Care, which also acquired Mears’s England and Wales...
Profits slide after tough regulatory year for Runwood Homes

‘Significant challenges’ despite Brendoncare posting surplus

Rising staff costs and buying the necessary levels of personal protective equipment are expected to ‘place significant pressure’ on The Brendoncare Foundation this financial...
Kenneth MacKenzie, Target Fund Managers chief executive officer

Demand for places in Target’s care homes ‘remains encouraging’

Resident occupancy across Target Healthcare’s portfolio of care homes continues to recover towards pre-pandemic levels. Demand for places in its homes remains ‘encouraging’, with growing...

Cornerstone secures funding to renovate Midlands care home

Cornerstone Healthcare plans to expand its specialist care model into the Midlands after agreeing funding from Virgin Money. The project will see the renovation of...

Inspectors told to check care homes are not overheating

Care home inspectors should be checking that properties are not overheating to help avoid a repeat of the 2003 heatwave, which saw deaths in...