Care Markets

Josh Farrer has joined SureCare as franchise sales manager.Son of managing director Gary Farrer, he will be leading a major new recruitment drive to...

Not-for-profit care home operator Anchor Trust reported a 1.5% rise in revenues for the year ended 31 March 2015 from £265.8m to £269.8m. Of this figure, £122.4m was from care home fees (2014: £121.9m) and £140m generated from retirement housing rents (2014: £134.9m). After deducting operating costs of £258.1m (2014: £247.5m), Anchor had an operating surplus of £11.7m, significantly less than the previous year’s £18.3m. The surplus for its retirement housing decreased by £1.5m to £28.2m (2014: £29.7m) with increased income from housing rent being offset by higher property maintenance costs, and higher depreciation costs. Its care homes, however, recorded an operating deficit of £0.2m, a decrease of £0.4m on 2014’s surplus of £0.2m.

Compared to other countries such as New Zealand and the USA, historically the UK has lagged behind when it comes to providing appropriate accommodation for older people – and especially older people’s housing-with-care.

Care home group Minster Care Management reported a 9.5% rise in revenues from £25.4m to £27.8m for the year end 31 March 2015.Cost of...

Being named Entrepreneur of the Year at last year’s LaingBuisson Awards marks the latest step in Julia’s Senah’s journey to establish a care company...

AIM-listed extra care business Ashley House enjoyed a successful six months ending 31 October 2015, returning to profitability. Its unaudited accounts show that revenues almost...

The Scottish care home market is entering a period of profound transformation. Even as the promise of integrated commissioning offers up new models of care...

Country Court Care has secured funding to acquire eight care homes, five of which have yet to be built. Once operational, the business will...

Arrangements between care providers and housing associations are often far more complex than care providers expect.Supported living and domiciliary care providers providing care to...

High-end extra care business LifeCare Residences reported a sharp fall in revenue for the year ended 31 March 2015 from a restated figure of...