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Sharp drop in turnover at Balhousie
Balhousie Holdings Limited reported a 21.5% drop in revenues from £37.6m to £29.5m for the year ended 30 September 2014. After deducting cost of...
Integrating health and social care – the next steps: Law firm Blake Morgan takes...
With all the noise surrounding the need to integrate health and social care, there is a risk that it will drown out the essence...
L&G lends Sanctuary £50m
Legal & General (L&G) has agreed a £50m loan to Sanctuary Group over a 25-year term through its lending arm LGIM Commercial Lending Limited.
Secured...
Sevacare continues to grow
Domiciliary care provider Sevacare demonstrated significant growth in 2014, including major contract wins across the UK.
Its accounts for the year ended 31 August 2014...
Mears on target
Following its acquisition of Care UK’s homecare business (CCMn June 2015), Mears Group announced that its two core businesses had achieved 93% visibility of...
Mixed fortunes for Bupa’s care home companies
The largest of Bupa’s three care home companies reported a rise in revenues from £111.2m to £114.8m for the year ended 31 December 2014.Operating...
Solid year for Hesley Group
Turnover grew for specialist care provider The Hesley Group by 5.4% in the year ended 31 December 2014.
Revenues stood at £36.8m compared to £34.9m...
NorseCare considers closing four homes
Local authority-owned operator NorseCare is consulting on closing four of its care homes in Norwich.The provider, wholly-owned by Norfolk county council, said that its...
CareTech reports EBITDA rise
Despite a slight drop in revenues, AIM-listed specialist care provider CareTech Holdings reported a £0.6m increase in underlying EBITDA to £14.5m in its unaudited...
NAO warns of lack of resources for Care Act demands
The National Audit Office (NAO) has warned that local authorities may not have enough resources to respond if demand for care services exceeds expectations.
While...
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