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 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.

Apex Care has acquired fellow domiciliary care provider Prime Care from Centra Care and Support (part of Circle Housing Group) for an undisclosed sum....

Shares in specialist care operator Cambian dropped by 10% last month after it posted disappointing results for the year ended 31 December 2015.Revenue was...

Small signs of recovery appear to be emerging for Four Seasons Health Care after a terrible 2015, including an increase in care home occupancy...

Figures from the Department for Communities and Local Government (DCLG) show that almost all councils decided to introduce the social care precept last month. Of...

Analysis of children and adolescent mental health services (CAMHS) by think-tank Centre Forum has found that almost a quarter of those referred by GPs...

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