RSSCategory: Care home operators

    Change of hands to offer exceptional care service in Somerset

    Change of hands to offer exceptional care service in Somerset

    Hendford Nursing Home in Yeovil has been taken over by Somerset-based Camelot Care. The home has been renamed Acacia Nursing Home and new experienced manager Pauline Purnell will lead the team.   The six-year-old purpose-built home with 41 single en-suite bedrooms will continue to offer services for general nursing, dementia and respite care.   Camelot […]

    5th October 2016 | By | Reply More
    Target announces acquisition of care homes on Tyneside

    Target announces acquisition of care homes on Tyneside

    Target Healthcare REIT Limited and its subsidiaries, the only UK listed specialist investor in UK Care Homes, announces that it has completed the acquisition of two purpose-built care homes on Tyneside for approximately £12.75m (including acquisition costs).  This transaction is in accordance with the Group’s investment policy. The properties were built in 2010 and 2015 […]

    2nd December 2015 | By | Reply More
    Residential care crisis will cost NHS £3bn, says report by ResPublica

    Residential care crisis will cost NHS £3bn, says report by ResPublica

    A report by ResPublica this week predicts that the crisis in funding for residential care will cost the NHS £3 billion. A study funded by the think-tank concluded that care home closures and financial cuts of over £1 billion by 2020 could result in the closure of thousands of care homes. It predicts that some 37,000 […]

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    12th November 2015 | By | Reply More