Wednesday, April 24, 2024
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Target to raise £50m through share placing

Target Healthcare plans to raise £50m by issuing new ordinary shares under its existing placing programme at 110.5 pence per share.  The offer price represents...

Dolphin Homes secures £2m funding

Care provider Dolphin Homes has secured a further £2m from investor BGF to pay for the building of two care homes in Hampshire. BGF invested...

Chancellor announces additional £1.5bn for social care

Councils will have access to £1.5bn of new funding for social care, Chancellor Sajid Javid has announced. Most of the money (£1bn) will be available...

Somerset Care Group appoints chief executive officer

Provider Somerset Care Group has appointed Gary Ridewood as chief executive officer on a permanent basis following a period as interim CEO since November. Ridewood...

Care work impacting mental health of employees, survey finds.

Four in five care sector employees believe their work has had an impact on their mental health. The findings have been revealed in a report...

Sir David Behan appointed chair of HC-One

Care home provider HC-One has appointed Sir David Behan as its non-executive chairman. Behan joined the HC-One board as a non-executive director in November 2018...
Diversification proves positive for Impact Healthcare

Impact’s portfolio valuation grows 47%

The valuation of Impact Healthcare REIT’s portfolio grew 47.4% to £271.6m as at 30 June 2019 (30 June 2018: £184.3m), with the investor adding...
Realities of trying to meet costs highlighted in Age UK report

Social care system at risk of collapse in areas, report finds

System failures are having an adverse impact on the social care market, with things so bad in some places that it is becoming impossible...

Self-funders charged £12,500 more than council-funded residents

Care home residents in England who pay their own fees are charged on average £12,500 a year more than those whose bill is paid...

Ashley House reaches financial close on Hampshire scheme

Ashley House has reached financial close on one of its three delayed Morgan Ashley schemes. The 54-apartment extra care facility in Romsey, Hampshire, is being...