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InProgress: the latest care developments
LNT Care Developments have sold a turnkey development in Welwyn Garden City, Hertfordshire (pictured above). The 60-bed care home was acquired by Country Court...
Self funders’ plugging £1.3bn funding shortfall
The average fee per resident paid to care homes falls short of the real costs of service provision by more than £100 per week.
This...
CCGs set limit on NHS funding
Following in the footsteps of many local authorities, some clinical commissioning groups have set a limit on how much funding they are prepared to...
Positive year for ‘Outstanding’ WCS Care
Not-for-profit care home provider WCS Care Group reported an 8.7% rise in income from £13m to £14.1m for the year ended 31 March 2016....
Acquisitions boost Anchor’s revenues
The UK’s largest not-for-profit long-term care provider Anchor reported a 29.8% increase in turnover for the year ending 31 March 2016 from £283m to...
Impairment costs lead Voyage into the red
The parent company of UK’s largest specialist care provider Voyage Care reported revenues of £203.9m for the year ended 31 March 2016, in its...
Surrey proposes 15% council tax rise
Other local authorities will be looking on with eager interest after Surrey County Council called a referendum to increase council tax by 15% to...
Corporate disposals are small operators’ gains
The care sector remains a challenging but attractive marketplace for investor, especially those with experience and capital, Christie + Co has concluded in its...
Dementia guide for PLD
A best practice guide on dementia for providers of learning disability services has been published by the Voluntary Organisations Disability Group, the Alzheimer’s Society...
Rationalisation puts Mears on ‘better footing’
The rationalisation of Mears’ care business is largely complete, the homecare operator told its shareholders ahead of the publication of its preliminary results in...
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