Depressed results from Ashley House

Health and community care property specialist Ashley House plc has announced depressed’ profits for the six months ended 31 October 2014 as it funded its extra care business.

Minster experiences revenue rise

Care home operator Minster Care Management Group reported a rise in revenues from £23.9m to £25.4m for the year ended 31 March 2014.Taking into...

Target Healthcare to release more shares

Target Healthcare REIT has announced plans to place up to 25m shares to raise funds to boost its property portfolio.The directors said that it...

Turnover down and surplus’ up at Housing & Care 21

Turnover dropped at Housing & Care 21 from £222m to £218.7m for the year ended 31 March 2014. After costs of £200.6m (2013: £211.2m) were...

HC-One acquires Meridian Healthcare

HC-One has acquired Meridian Healthcare in deal that will see the transfer of its 30 homes in the north of England to the operator...

Greater Manchester to be handed £6bn health budget

The first fully ‘integrated’ health and social care authority is to be established in Greater Manchester. The 10 local authorities, 12 clinical commissioning groups and...

Most community contracts rolled over

Only around 6.5% of the value of community service contracts due to expire this year will be subject to competitive procurement, research by Monitor...

Burham outlines private sector role

Shadow health secretary Andy Burnham has insisted the independent sector does have a role to play in implementing Labour’s ten-year health and social care...

More older people to become seriously ill

The NHS may have to support up to 1m more older people with serious illnesses within the next ten years, research from the International...

Capacity starts to grow in residential care home market

The residential care home sector for older and physically disabled people has entered a new phase in which capacity has started to grow again,...