Executive Care Group sold

So-called ‘vulture fund’ Monarch Alternative Capital (Europe) Ltd was involved in the acquisition of Executive Care Group at the end of last year through...

Children’s homes qualifications

The Department for Education is to introduce two new qualifications for care workers in residential children’s homes to identify the early signs of child sexual exploitation and cyberbullying.

Occupancy boosts TOSJCT’s profits

Charitable operator The Orders of St John Care Trust experienced a rise in revenues from £95m to £99.6m in the year ended 31 March 2014. After resources expended from its care operations of £93.4m (2013: £90.2m) and governance costs of £3.6m (2013: £3.1m) were deducted, the charity achieved a net income for the year of £2.6m (2013: £1.8m).

Commissioning variations found

There is significant variation in the quality of the commissioning of neurological services among clinical commissioning groups (CCGs), a report from the Neurological Alliance...

Turnover up for Excelcare

Turnover at Excelcare Holdings rose from £16.8m to £18.4m for the year ended 31 March 2014. Cost of sales remained steady at £10.7m (2013:...

Two appointments to HC-One board

Following its re-financing, HC-One has made two new appointments. Former director of social care, health and housing at Carmarthenshire county council and president of...

Sovereign backs Nurse Plus MBO

Key Capital Partners (KCP) has sold its investment in Nurse Plus to a secondary MBO led by chief executive Heath Blake and managing director Pamela Bruce. The deal was funded by Sovereign Capital. No financial details have been disclosed but Sovereign described its investment as significant.

Mears positive about future success

Mears reported in a pre-close trading update that it has ‘92% visibility of the market consensus revenue forecast for 2015 of £886m’, compared to...

Residential home growth boosts Somerset Care’s business

Somerset Care Limited achieved a slight rise in turnover from £80.5m to £80.8m for the year ended 31 March 2014. After cost of sales of...

Bains resumes leadership of Sevacare

Founder and current chairman of homecare provider Sevacare Ravi Bains is to reassume the role of chief executive following the departure of Roger Booker,...