High Court judge rules on reasonable rates in Abbeyfield case

The market’ price of care home fees is not necessarily the same as a reasonable price’, a High Court judge has stated. This latest ruling in favour of care providers could fuel efforts to eradicate council fee inadequacies.

Profits up for Mears

Mears Group announced an 11% growth in pre-tax profits from 16.9m to £18.7m in its interim results for the six-months ended 30 June 2014.Total...

Sunrise snaps up Gracewell Healthcare

Sunrise Senior Living has acquired Gracewell Healthcare and its estate of 11 care homes for £153m.Under the deal, the high-end homes have been purchased...

Voyage sold to consortium for £375m

Voyage Care has been acquired by a consortium made up of global private markets investment manager Partners Group, European mid- market buy-out sector specialist...

HCR acquires 20 MMCG homes

Real Estate Investment Trust (REIT) HCR has acquired 20 care homes from Maria Mallaband Care Group (MMCG) in a £75.8m sale and leaseback deal.HCR...

HCP acquires 20 MMCG homes

Real Estate Investment Trust (REIT) HCR has acquired 20 care homes from Maria Mallaband Care Group (MMCG) in a £75.8m sale and leaseback deal.

Access acquires Chosen Care

Access Housing Limited has acquired Chosen Care Limited for an undisclosed sum. Financed by private funds and Allied Irish Bank, Access said it purchased...

Stronger guidance need on top-up fees – Burstow

Former care minister Paul Burstow has called on the government ensure councils pay the correct amount for care home placements rather than relying on...

Alina makes mystery acquisition

Alina Homecare has bought an unnamed midlands-based domiciliary care provider. Announcing the deal, private equity backer Bridges Ventures not only refused to disclose who...

‘Special measures’ for inadequate care homes

Hot on the heels of the publication of the new fundamental standards (CCMn July 2014), Health Secretary Jeremy Hunt has announced that from April...