Care Markets

Ratings service Moody’s has downgraded both Care UK’s corporate family rating and probability of default rating from B3 to to Caa1 and B3- PD...

Ratings service Moody’s has downgraded both Care UK’s corporate family rating and probability of default rating from B3 to to Caa1 and B3- PD to Caa1-PD respectively. It has also downgraded the rating of its Senior Secured Floating Rate Notes from B3 to Caa1 and its Senior Subordinated Second Lien Notes to from Caa2 to Caa3. Moody’s, however, said the outlook for the care home operator was stable.

Ahead of the publication of its results for the six months ended 31 March 2016, CareTech said in a stockmarket statement that strategic initiatives undertaken over recent years have delivered a stronger performance compared with the same period last year on all key financial metrics’.

Franchising works well in homecare. A prime example is Bluebird Care, which pioneered homecare franchising in Britain and at April 2016 boasted 86% good or outstanding ratings among those of its agencies which have been inspected under the fundamental standards regime, well ahead of the sector benchmark.

It has been 16 years since the Same as You? learning disability policy was published - the first national review of learning disabilities in Scotland for 30 years.

A significant number of local authorities and health services are failing to identify children entering care who have mental health issues, the House of...

While progress has been made in accessing mental health services and waiting times by the Department of Health (DH) and NHS England, much remains...

The Orders of St John Care Trust has laid the foundation stone for a 64-bed care home in Gloucestershire. The Lakes Care Centre in South...

Cambian Group has appointed Mike Butterworth as an independent non-executive director and member of its audit & risk committee, remuneration committee and nominations committee.He...

Four Seasons Health Care’s chairman Ian Smith has stepped down after four years in the role, after he said the business had been successfully...