Employee owned care provider for the elderly, Shaw healthcare has agreed to sell a minority stake in its business to fund manager Bridges Evergreen Investment.
Charity and care and housing provider Brunelcare plans to build a 64-bed care home and 24-bed reablement service in Cadbury Heath, South Gloucestershire.
Four Seasons Health Care (FSHC) today confirmed it will be unable to pay interest on its debt in December as talks on restructuring proposals with its creditors continue.
Care home costs rose by a record 9.6% between 2016 and 2017, according to Prestige Nursing + Care research.
The UK is facing a £15bn bill to replace 6,600 lost care homes over the next five years, global property consultancy Knight Frank says.
Private equity owner Terra Firm has agreed to cede control of Four Seasons Health Care (FSHC) to the provider’s main creditor H/2 Capital.
Four Seasons largest creditor H/2 Capital has issued a series of proposals that it argues will restore the financial stability of the indebted care provider.
US based real estate investment trust (REIT) Welltower has reported a 1.1% rise in group revenue to US$1.09bn (£828m) in the three months to the end of September.
Harrogate based Beaucare Medicare, one of the UK’s largest independent suppliers of medical, nursing and hygiene suppliers, has announced the successful completion of a management buy-out (MBO).