Scottish Association for Mental Health wins £1.4m contract
The Scottish Association for Mental Health (SAMH) has secured a £1.4m contract to deliver a GP ‘link worker’ service in Aberdeen over the next two years. The contract, awarded to SAMH by Aberdeen City Health and the Social Care Partnership, will see 20 full-time link…...
Octopus Healthcare appoints Kevin Beirne
Octopus Healthcare, part of the Octopus Group, has appointed Kevin Beirne as director of retirement. Beirne previously worked at housing association One Housing, where he was a group director and oversaw the launch of the Season and Baycroft older people’s housing brands. Beirne will head up…...
Octopus Healthcare fund reaches £85m
Octopus Healthcare’s open-ended UK healthcare real estate fund, which focuses on UK elderly care homes, has raised £85m. Originally the MedicX Healthfund, the investment vehicle raised £82m when it was converted last year....
Glenholme Healthcare Group moves into elderly care
Glenholme Healthcare Group is planning to build a ‘multi-million pound’ residential care facility as part of a new move into the elderly care market. The learning disabilities and mental health care provider has over 40 years’ experience supporting young people and adults in the healthcare industry…....
CQC chief executive to step down
Sir David Behan, chief executive of the Care Quality Commission (CQC) is to step down from his position in the summer after six years in the role. ‘It’s been an immense privilege to serve the public by leading CQC … We’ve inspected every hospital, adult…...
Impact REIT acquires North East portfolio
Real estate investment trust Impact Healthcare REIT has acquired a portfolio of three care homes in the North-East of England from developer and operator Prestige Care. Impact paid a total of £17m for the care homes, with completion subject to regulatory approvals expected to take…...
Three new non-executive board members at CQC
The Care Quality Commission (CQC) has announced the appointment of three non-executive board members by the Secretary of State for Health. Sir John Oldham, Liz Sayce and Mark Saxton will join the board with Oldman and Sayce taking up their positions on the 1st January…...
Cambian eyes growth as it focuses on children’s services
Cambian today announced a 13% increase in revenue to £182.1m for the year ending 31 December 2016, saying that significant opportunities for margin improvement lie ahead following the sale of its adult services business to Cygnet in December. The financial performance of its children’s services business, now…...
Rationalisation puts Mears on ‘better footing’
The rationalisation of Mears’ care business is largely complete, the homecare operator told its shareholders ahead of the publication of its preliminary results in March. This will allow greater focus to be placed upon higher quality contracts with sustainable margins, it said in a pre-close…...
Colten completes £41m refinancing
The owners of Colten Care Homes have announced it has secured a £41m funding facility with HSBC to support its continued expansion. Chief executive of the Colten Group, Mark Aitchison said: ‘Our new HSBC funding package is very important to us strategically. It ensures we…...
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