Tuesday, January 21, 2020
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Impact to raise at least £25m

Self-funders help drive revenue growth at Care UK

New homes and an increase in self-funded residents helped revenue grow £25.8m at Care UK’s residential care services division. The group’s mature estate also delivered...

Four Seasons appoints administrators

The holding companies of Four Seasons Health Care Group - Elli Finance (UK) and Elli Investments Limited - have appointed administrators following continued struggles...

Pre-tax loss grows 56.9% at Four Seasons Health Care Group

Four Seasons Health Care Group posted a growing pre-tax loss of £229.3m in 2018 (2017: £146.1m), its unaudited draft accounts show. Turnover during the year...

Target on track to add tenants

Target Healthcare REIT is on track to add two tenants and a further £2.3m of annual contractual rent during 2019 from three forward funded...

Kisimul investigation leads to no criminal charges

There will be no criminal proceedings into safeguarding concerns at a Kisimul Group children’s home in Lincolnshire. Police made arrests in November as part of...

Thousands of care workers suffer violent attacks

Care workers suffered more than 6,000 violent attacks during the past five years, figures obtained under the Freedom of Information Act show. Between the financial years...

Housing with care research identifies health cost benefits

Increasing housing with care provision in Southampton to 450 units could have an annual health cost benefit of almost £900,000, research has shown. The city’s...

Council plans to close care homes as part of a £50m programme

A £50m modernisation programme to build five extra care facilities in South Wales could see four care homes for older people close. Rhondda Cynon Taf...

Talks ongoing after Four Seasons sale ‘terminated’

The conditional sale of Four Seasons Health Care to H/2 Capital Partners has been ‘terminated due to certain conditions’ not being met. In an announcement...

Derwent Living pilots virtual reality for older residents

Derwent Living is piloting virtual reality among its retirement living customers to help support good mental health and reduce social isolation. The virtual reality technology,...