Care Markets

The Care Act 2014 received royal assent last month in a move described as the most significant reform of care and support in more than 60 years’ by care minister, Norman Lamb.

The Colliers Care Homes Review for the first six months of 2014 found that occupancy in specialist care homes has increased for the first time since 2009.

The University of Cologne called for more research into deep brain stimulation for Alzheimer’s sufferers last month after tests showed it helped a small sample of patients with their memory.

The College for Social Work (TCSW) has called on the government to halt its consultation on delegating children’s services powers to third parties. Under the Children and Young People’s Act, local authorities can discharge certain functions relating to children in care and care leavers through a contract with a third party provider. According to the consultation, which has now closed, the plans would enable all social services functions related to children, apart from independent reviewing officer duties and adoption agency functions unless the other party to the arrangement is a registered adoption society, to be contracted to a third party.

Newly-listed The Cambian Group has acquired three further education colleges for young people with learning disabilities, autism, profound and multiple learning disabilities and complex health and behavioural needs from Mencap for an undisclosed sum.

Sanctuary Housing Association reported revenues of £474m for the year ended 31 March 2013, a 9.8% increase on the previous year’s £431.5m.

Legal & General (L&G) has made further in-roads into the UK care home sector by granting the LNT Group a £51m, ten-year debt facility.The...

The Care Act 2014 - does it herald a new era of transparency?The Care Act 2014 completed the parliamentary process and came onto the...

US-based psychiatric provider Acadia Healthcare has acquired Partnerships in Care (PiC) from its private equity owners Cinven for approximately $660m (£393m). Acadia, which is backed...

Care home investor Target Healthcare REIT Limited announced the acquisition of a portfolio of three modern, purpose-built care homes for £13.9mThe properties are located...