Revenues soar for Country Court

Revenues rose by 31% for Country Court Care Homes in the year ended 31 March 2014 from £5.4m to £7.1m. Taking account of cost...

Kinnear joins HSCIC

The Health and Social Care Information Centre has appointed Andy Kinnear to provide advice on the local delivery of integrated care.Seconded from his current...

McCarthy & Stone boosted by demand

Retirement housing provider McCarthy & Stone reported a 25% rise in revenues for the year ended 31 August 2014 from a restated 2013 figure...

Sector Opinion:Weathering the Storm

The latest figures from the Health and Social Care Information Centre (HSCIC) once more show a drop in expenditure (CCMn December 2014/January 2015). Here two...

Balhousie records loss ahead of refinancing

Scottish care home operator Balhousie Holdings Limited reported revenues of £37.6m for the 17 months ended 30 September 2013. The business reported turnover of £22.1m...

Calculating a fair price for care to plug LA fee gap

The new edition of LaingBuisson’s Fair Price for Care toolkit reports that the costs associated with running a care homes continue to rise at...

Transcation costs hit Tracscare profits

In the financial period before it was sold by Sovereign Capital to G Square Healthcare Private Equity (CCMn June 2014), Tracscare experienced a marginal...

How the Care Act will impact on LA fee disputes

Recently there has been a steady stream of court applications by care providers challenging the residential care fee levels set by local authorities. Some challenges...

Solid results for on-the-market Meridian

Currently up for sale, the year ended 31 March 2014 was a steady one for Meridian Healthcare (Holdings) Limited. Revenues roses marginally from £32.5m...

Four Seasons implements £40m credit agreement

Four Seasons Health Care has implemented the changes to its revised £40m corporate credit facility, which it agreed with its banks at the end...