Care Markets

Priory Group is considering the ‘long-term options’ of its residential, nursing and dementia care business but would not comment on speculation that it is...

Care Homes: Ian Smith, chairman of Four Seasons Health Care Group‘Our society faces the challenge of how to satisfy the inexorably rising demand for...

Former head of Methodist Homes, Roger Davies has joined Castlebeck as assisted living director. In the newly-created role, Mr Davies will help the care...

Specialist dementia care provider Red & Yellow Care has appointed Vivien Ziwocha as head of care. A registered mental health nurse, in her most...

Target Advisers has made three new appointments following the expansion of its real estate investment trust. Paul Wylie joins as portfolio manager from Ignis...

The 1 April 2015 saw in a new era in health and social care regulation with the introduction of the Health and Social Care...

TIAA Henderson Real Estate has acquired three care homes leased to Care UK for £48.9m. The purpose-built homes, constructed in 2013, Caridean House in Edinburgh,...

The 1 April 2015 saw in a new era in health and social care regulation with the introduction of the Health and Social Care Act 2008 (Regulated Activities) Regulations 2014.

Priory Group is considering the long-term options’ of its residential, nursing and dementia care business but would not comment on speculation that it is for sale.

Homecare provider Servoca reported revenues of £49m for the year ended 30 September 2014, an increase of 13.7% on the previous year’s £43m. After cost of sales of £34.8m (2013: £30.8m) and administrative expenses of £12.6m (2013: £11.5m) were deducted, an operating profit of £1.6m was recorded (2013: £745,000).Subtracting finance costs of £80,000 (2013: £73,000), Servoca made a pre-tax profit of £1.6m (2013: £672,000).