RSSCategory: Business Services for Care homes

Encore Care Homes enters a multimillion pound partnership to tackle the elderly care crisis

Encore Care Homes enters a multimillion pound partnership to tackle the elderly care crisis

Encore Care Homes has entered a £250million strategic development partnership with U.S healthcare REIT (real estate investment trust), Welltower.  The partnership will provide Welltower with the exclusive option to acquire £250million of Encore’s future developments which secures long term care options for the elderly and will allow Encore to continue to design and construct its […]

16th November 2017 | By | Reply More
Colten Care announces further expansion after securing NatWest deal

Colten Care announces further expansion after securing NatWest deal

A family owned care home company is set for further expansion after agreeing a £26 million financing package with its new banker. Colten Care, which owns and operates 20 homes across the South of England, says it is planning to open a new home every couple of years following the deal with NatWest.     […]

6th October 2017 | By | Reply More
Balhousie Care Group refinance enables stability and ambitious growth

Balhousie Care Group refinance enables stability and ambitious growth

Tony Banks, who founded Balhousie Care Group 25 years ago, said “The refinance of the Group’s borrowings and new finance for planned acquisitions totaling £49m, provides us with much greater financial stability and gives us the opportunity to really look at our business and invest in key areas of development and improvement including environments and […]

3rd October 2017 | By | Reply More
Luxury Leicester care home funded by Clydesdale & Yorkshire Banks

Luxury Leicester care home funded by Clydesdale & Yorkshire Banks

A brand-new, purpose-built care home has been developed in Birstall on the Northern outskirts of Leicester after receiving a multi-million pound funding package from Clydesdale Bank’s Specialist and Acquisition Finance team.  The home, Cedar Mews, offers 73 beds over three storeys and enjoys commanding views over the surrounding Leicestershire countryside. The ‘state-of-the-art’ facilities include a […]

13th March 2017 | By | Reply More
DC Care completes on Leicester care home

DC Care completes on Leicester care home

Specialist business transfer agent DC Care has completed the sale of Clarendon Mews Care Limited, which includes Clarendon Mews care home, in the centre of Leicester for an undisclosed sum.   Ideally placed, close to the main city hospital, this purpose built care home is registered for 45 clients over the age of 65. The […]

2nd March 2017 | By | Reply More
Gervis Meyrick Estate secures future for Bournemouth residential care home

Gervis Meyrick Estate secures future for Bournemouth residential care home

The Windsor Court Care Home in Bournemouth has been saved after the Gervis Meyrick Estate first stepped in to rescue the care home from closing and has now completed a lease to residential care specialists Beritaz Group, securing a £1m investment package in the care home facilities. Against the backdrop of a number of local […]

28th February 2017 | By | Reply More
Catalyst Healthcare advises Raphael Healthcare shareholders on sale to Elysium Healthcare

Catalyst Healthcare advises Raphael Healthcare shareholders on sale to Elysium Healthcare

Catalyst’s Healthcare team has advised the Shareholders of Raphael Healthcare, a provider of specialist mental health services, on its sale to Elysium Healthcare. The deal was the first acquisition by BC Partners-backed Elysium Healthcare, which was established following the merger between Partnerships in Care and Priory Group. Elysium specialises in acute mental illness, personality disorders, […]

22nd February 2017 | By | Reply More
Conference on ‘Nursing and Care Home Values and Trends’ confirmed

Conference on ‘Nursing and Care Home Values and Trends’ confirmed

Conference on ‘Nursing and Care Home Values and Trends’ Informed briefings on current values and how to increase them The annual briefing on nursing and care home values and trends, including how to enhance value will be held on 22 March 2017 at The Hatton, London EC1. In keynotes, interactive panels, case studies and talks, […]

8th February 2017 | By | Reply More
Westgate Healthcare make expansion plans following £34m refinancing

Westgate Healthcare make expansion plans following £34m refinancing

London based care home operator Westgate Healthcare Group is looking forward to major investments after securing a £34 million multi-bank facility which has enabled the group to refinance borrowings.    Specialist financiers Premier Commercial Finance Ltd masterminded the re-structure and Penningtons Manches handled the complex legal aspects.   Push Patel, Westgate’s CEO added, “Premier’s expertise has […]

3rd November 2016 | By | Reply More
Value of independent care sector set to reach £45.4bn

Value of independent care sector set to reach £45.4bn

Figures published today by healthcare consultancy LaingBuisson reveal that the revenues generated by independent sector (non-statutory) providers across 12 core health and care market segments grew by 5% in 2015 to reach £45.4bn. Growth was led by private acute healthcare, up 8% to £7.8bn (driven by recovering private demand as well as NHS ‘choose and […]

10th March 2016 | By | Reply More
Sunderland Care home extends to accommodate further residents

Sunderland Care home extends to accommodate further residents

The Royal Bank of Scotland has restructured and provided finance facilities for Princess House in Sunderland to extend their residential care home to provide a further four bedrooms in a deal worth £430,000.   Princess House has been owned and run by husband and wife team, John and Jennifer Young, since the late 1990’s. Set […]

21st October 2015 | By | Reply More
Earn while you sleep?

Earn while you sleep?

Earn while you sleep? The last couple of months have been a torrid time to be an employer in the care sector. First there was the Government’s unexpected announcement of the impending living wage; a decision that may cause chaos for many social care businesses. Later came the European Court of Justice’s decision that mobile workers’ […]

9th October 2015 | By | Reply More
Skills for Care develops leadership programme to support black, Asian and minority ethnic (BAME)

Skills for Care develops leadership programme to support black, Asian and minority ethnic (BAME)

To support those from black, Asian and minority ethnic (BAME) backgrounds to develop the skills they need to progress to top leadership positions, Skills for Care, home of the National Skills Academy for Social Care, has developed the Moving Up BAME programme. The programme offers an innovative approach based on a series of learning networks, […]

6th October 2015 | By | Reply More
How Prepared are Care Homes in the East Midlands for the Challenges They Face?

How Prepared are Care Homes in the East Midlands for the Challenges They Face?

Whilst the East Midlands should not be singled out as having specific or unique challenges ahead in terms of the provision of care and the needs of the care sector, the region is worthy of a special focus.     For this reason Streets Chartered Accountants and JMP Solicitors are hosting a special ‘over breakfast’ […]

11th September 2015 | By | Reply More
Care providers must tackle the hidden threats to reputation and service

Care providers must tackle the hidden threats to reputation and service

Care providers are becoming increasingly aware that they must tackle the hidden risks to their businesses that can be lurking out of site underground, says drainage experts Lanes Group. Often, in the past, maintenance of drainage and sewer systems has been treated as an afterthought, but there are signs this is changing, says the UK’s […]

12th June 2015 | By | Reply More
Fusion is the choice for Greenwood Care

Fusion is the choice for Greenwood Care

Fusion Care Solutions based in Garforth near Leeds has recently secured a contract with Greenwood Care Ltd to install their time saving software management system easily operable by administrators in all three care homes. Mike Reynolds who with his wife Karen own Greenwood Care were looking for a system that would save him time and […]

4th June 2015 | By | Reply More
Auto-Enrolment and what it means for care homes?

Auto-Enrolment and what it means for care homes?

With auto-enrolment affecting all companies, Matthew Mitten the founder and director of Enrolsme, www.enrolsme.com  talks about the complete online auto-enrolment solution for small employers and his predictions for 2015 and what care home owners can expect in the months to come, along with top tips for how care operators can embrace and comply with the government-led-initiative.  Below […]

30th April 2015 | By | Reply More
Synergy between care suppliers is a win win for care homes!

Synergy between care suppliers is a win win for care homes!

Leeds based Fusion Care Solutions Ltd have announced the appointment of John Richardson to its Board of Directors. Fusion Care Solutions stated that John has joined the company as Director, bringing with him a background and many years’ experience in delivering solutions to the Care Sector. John Richardson also owns eMARx Solutions an electronic medication […]

17th April 2015 | By | Reply More
When will we realise?

When will we realise?

With new development regularly featured in the social care media, there is a general assumption that the national care home estate is growing at a rate sufficient to meet elderly care needs in forthcoming years. Specialist care sector property advisers HPC have today published research indicating this not to be the case. Growth in the […]

14th April 2015 | By | Reply More
Funding secured for expansion of Wolverhampton nursing home

Funding secured for expansion of Wolverhampton nursing home

Construction work to extend one of Wolverhampton’s leading nursing homes is set to get underway later this month as its owners announce they have secured funding with The Royal Bank of Scotland.   Atholl House, which is located at 98-100 Richmond Rd in Wolverhampton, is to undergo extensive renovations with the addition of a new […]

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13th April 2015 | By | Reply More