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Turnover leaps at Porthaven
Care home operator Porthaven Group experienced a 217% spike in turnover for the year ended 31 March 2013, with revenues growing from £2.3m to...
Learning disability treatment must improve says lamb
More needs to be done across health and social care to improve treatment for patients with learning disabilities, care and support minister Norman Lamb...
CareTech invests to make rent savings
In a reverse of the recent deals involving REITs (see this issue Company News Focus), operator CareTech has acquired the freeholds of two property...
New developments – August/September 2013
Minister for Health, Social Services and Public Safety in Northern Ireland, Edwin Poots has announced £2.5m government funding for a new Mencap centre for...
Danshell picks up remaining Castlebeck homes
Danshell Adult Healthcare has acquired the remaining estate of Castlebeck from its administrators.
The 20 facilities are a mix of care homes for adults with...
NICE welcomes new board members
Consultant physician in general and geriatric medicine at Guy’s and St Thomas’ NHS Foundation Trust and chief executive of learning disabilities provider MacIntyre and...
McCarthy & Stone completes £518.9m refinancing
Retirement homes developer McCarthy & Stone has completed a £518.9m refinancing of its existing liabilities, reducing the debt burden of the company by £350m.The...
CCMn meets Paul Burstow MP
Pushing care up the political agenda - CCMn meets Paul Burstow MPA year on after leaving his post as Minister for Care, MP for...
Olympus delivers good maiden results
In its maiden set of accounts, Olympus Care Services posted turnover of £32.3m for a 17th month period between 21 October 2011 and 31...
Rise of the REITs: why US Real Estate Investment Trusts are flocking to invest
For the past year it seems that every other deal in the UK independent healthcare sector has involved a Real Estate Investment Trust (REIT).While...
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