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Revenues drop at Ashley House
Ashley House has reported a large drop in turnover in its preliminary results for the year ended 30 April 2014 with revenues plummeting from...
Demos calls for greater scrutiny of care commissioning
A ‘transparent and fair funding formula’ should be developed by national government, local authority commissioners and providers so that contracts adequately cover the cost...
Prime Life remains steady
Prime Life Limited achieved a turnover of £45.1m on its estate of 60 care homes for the year ended 31 March 2014, a marginal...
CCMn meets Rothschild
Hedley Goldberg, managing director at Rothschild gives CCMn the lowdown on the key deals in the healthcare sector over the past 12 months and...
Revenues rise at Helen McArdle
Helen McArdle Care reported an increase in turnover from £22.4m to £24.6m for the year ended 31 March 2014. After cost of sales of...
Fee pressure hits Leonard Cheshire
Results from charitable provider Leonard Cheshire Disability for the year ended 31 March 2014 showed incoming resources fell from £143.8m to £141.2m this year,...
Cygnet snapped up by US health giant for £205m
US health giant Universal Health Services (UHS) has acquired Cygnet Health Care for approximately £205m.
The New York Stock Exchange listed company is understood to...
Regard sold for £119.5m
Specialist care provider Regard has been sold for £119.5m, representing 10.5 times historic EBITDAR of £11.4m for the year ending March 2014.Under the deal...
Derbyshire agrees to £8m in compensation
Derbyshire county council has agreed to backdate a revised increase in payments to care home providers from 2011.
At a meeting last month, its cabinet...
Council’s adult social services spending remains static
Council spending on adult social services in England remained the same in 2013-14 at £17.2bn, according to the latest figures from the Health and...
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