Finance News - Care Home Professional

National Care Forum partners with care sector VAT specialist

Business Finance by Lee Peart on July 10, 2020

The National Care Forum (NCF) has announced it is partnering with care sector VAT specialist, Kieran Lynch & Co.

Target Healthcare REIT announces £15m care home acquisition

Acquisitions Business Care home groups Finance Operators Property by Lee Peart on July 7, 2020

Specialist investor in modern, purpose-built care homes, Target Healthcare, has announced its £15m acquisition of a newly developed care home in Bicester, Oxfordshire.

HSBC UK provides £1.25m funding for Yorkare Homes

Business Care home groups Construction Finance Operators Property by Lee Peart on July 3, 2020

Award winning East Yorkshire care provider, Yorkare Homes, has received £1.25m in funding support from HSBC UK.

Armighorn Capital acquires Liverpool care home with £2m funding package

Business Care home groups Care homes with nursing Finance Operators by Lee Peart on June 11, 2020

West Midlands based healthcare provider Armighorn Capital has acquired Amberleigh House Care Home in Aintree, Liverpool.

Campaigners call for direct financial aid to struggling care providers

Business Finance Funding by Lee Peart on May 29, 2020

Consumers Feel The Pinch With Christmas Around The Corner

Campaigners have called for financial aid to be given directly to care providers to prevent many going out of business during the coronavirus outbreak.

Four Seasons expects £15m impact from coronavirus pandemic

Business Care home groups Finance Operators by Lee Peart on May 22, 2020

Four Seasons Healthcare has said it expects a 12-fold rise in PPE costs and drop in occupancy rates due to COVID-19 to cost £15m.

HC-One seeks income guarantee from LAs to weather coronavirus storm

Business Care home groups Finance Funding Operators by Lee Peart on May 7, 2020

The UK’s largest care home operator, HC-One, has written to local authorities requesting an income guarantee during the coronavirus crisis.

HC-One warns of financial impact of coronavirus

Business Care home groups Finance Operators by Lee Peart on May 5, 2020

The UK’s largest care home provider, HC-One, has warned that a decline in occupancy and higher costs has left it struggling to meet loan repayments.

COVID-19: Care England warns of ‘severe financial implications’ for care sector

Business Finance Funding by Lee Peart on April 28, 2020

Care England has issued a stark warning of the “severe financial implications” of the coronavirus crisis for the care sector.

Care home operators face collapse without more government support, campaigners warn

Business Care home groups Finance Funding Operators by Lee Peart on April 27, 2020

Many care home operators could go out of business unless more financial aid is provided by the government, campaigners have warned.

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