Care Markets

Lyceum Capital-backed homecare provider Carewatch Holdings Limited increased its turnover from its company-owned branches and franchise fees from £51.5m to £54.8m for the year...

Shaw Healthcare reported a turnover of £87.5m for the year ended 31 March 2014, an increase of 3.4% on the previous year’s £84.6m. After taking into account operating costs of £69.2m (2013: £65m) and administrative expenses of £12.2m (2013: £12.7m), the care provider made an operating profit of £6.1m (2013: £6.9m). Following interest charges of £6m (2013: £6.3m), Shaw Healthcare made a pre-tax profit of £851,000 (2013: £1.9m).

Ideapark Ltd, the holding company for the UK’s largest independent fostering agency Foster Care Associates (FCA), reported revenues of £165.7m for the year ended 31 December 2013, compared to £163m the previous year. Taking off cost of sales of £114.5m (2012: £111.3m) and administrative expenses of £46.2m (£44.9m), the company made an operating profit of £5.1m (2012: £6.7m). Following the deduction of interest charges of £1.7m (2012: £1.9m), Ideapark made a pre-tax profit of £3.1m (2012: £4.9m).

Older people entering care homes in Wales lose meaningful choice’ and control over their lives, have their emotional needs neglected and do not have their basic rights upheld, according to a review published by the nation’s Older People’s Commissioner Sarah Rochira.

Plans to pool £5.3bn of local authority and NHS funding into the Better Care Fund to keep older people out of hospital and care...

Care UK’s £60m partnership with Suffolk county council may have hit a rocky patch after two of its homes commissioned under the deal have...

Croydon Clinical Commissioning Group (CCG) is working with Croydon council to develop an integrated health and social care contract for older people’s services, estimated to be worth £1.7bn over ten years.

Sales director for specialist IT sofware solutions supplier Coldharbour Mike Moreton gives CCMn an update on the latest technolgy in the healthcare sector and...

The English housing market is ‘ill-equipped’ to deal with the demand for homes for the over-65s with 95% of stock not fully accessible for...

Most will be aware that the new Health & Social Care Act 2008 (Regulated Activities) Regulations 2014 came into force on the 1st October 2014 for the public sector and comes into force for the private sector on the 1st April next year.