Care Markets

Optalis, the care business wholly-owned by Wokingham borough council, reported a 4.3% rise in revenues for the year ended 31 March 2015 from £10.6m to £11m. Taking into account cost of sales of £8.8m (2014: £8.4m) and administrative expenses of £2.1m (2014: £2.2m), the operator achieved an operating profit of £155,000 (2014: £5,000). After no interest charges or income was reported, Optalis posted the same figures for its pre-tax profit.

A Care Quality Commission (CQC) survey of 13,000 community mental health service users has found no notable improvement’ in the last year. In some areas a further slightly higher proportion of people have reported a poor experience with services run by NHS trusts.

Ideal Carehomes has pledged to pay its staff more than the National Living Wage. Its workers currently on its lowest wage will receive a...

Ahead of this month’s Spending Review , director of policy and campaigns at the UK Homecare Association Colin Angel talks about the problems facing...

CareTech Holdings reported in a post-close trading update ahead of the publication of its results for the year ended 30 September 2015 in December...

The independent mental health sector in the UK has been consolidating at an unprecedented rate since the entry of two US health giants. In a...

Leonard Cheshire Disability experienced a 5% increase in incoming resources from £154.6m to £162.2m for the year ended 31 March 2015.Its resources expended figure...

Earlier this year the Care Quality Commission (CQC) published guidance aimed at residents, families, carers and anyone who uses health and care services, about...

While saying it is ‘committed to the UK aged care sector’ Bupa has refused to scotch growing market speculation that it has put 200...

Revenues remained steady but profits dropped significantly Ashley House’s preliminary results for the year ended 30 April 2015 show. Turnover stood at £8.4m (2014: £8.3m)...