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Elysium adds The Badby Group to its portfolio
Patron Capital has sold specialist care operator The Badby Group to Elysium Healthcare, the business formed from former Partnerships in Care and Priory Group...
Brexit hits McCarthy & Stone’s revenues
A slowdown in the property market after the EU Referendum in June led to McCarthy & Stone’s revenues dropping by 5% to £238.2m in...
Large disparities in councils’ social care spending finds IFS
Social care spending by councils in England dropped by 11% in real terms between 2009/10 and 2015/16, according to new analysis by the Institute...
HCP president to helm HC-One from June
Justin Hutchens is to become chief executive officer of HC-One on 1 June. Currently president of HCP Inc, he has also held the posts...
Priory merges its adult care divisions
The Priory Group has merged its two adult care divisions, Craegmoor and Amore Care, to create a new group Priory Adult Care.
Commencing operating this month,...
Law Commission delivers its verdict on event fees
Following a two-year investigation, the Law Commission has concluded that there is real potential for abuse when extra care providers charge event fees. In...
CQC should take on care commissioning role says commons committee
The Care Quality Commission should oversee the market-shaping, commissioning and procurement activities of local authorities, an inquiry by the House of Commons Communities and...
Challenging year sees Embrace’s losses soar
Turnover dropped 4.3% for hedge fund-backed care home operator Embrace Group for the year ended 30 June 2016 from £112.4m to £107.5m.
Cost of sales...
Carewatch continues to grow but losses increase
Homecare franchisor Carewatch Holdings reported revenues of £67.9m for the year ended 31 December 2015, a 7.8% increase on the previous year’s £63m. Acquisitions...
CareTech raises £39m through placing
CareTech raised around £39m through the placing of 11m new shares and 2,060,091 sale shares on AIM, it announced today.
Executive chairman Farouq Sheikh said:...
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