Lanarkshire based Keane Premier Healthcare has agreed a £2.7m loan with Barclays, enabling the company to expand its portfolio with the acquisition of a third care home.
The funding package will also support the refurbishment of the former Greenlees home in Cambuslang which has been renamed Georgia Park. The 39-bed facility had been trading in administration but with the new management team and investment funding confirmed, residency has now grown by more than 50% to 36.
Keane Premier Healthcare has a strong track record of rejuvenating existing care home facilities, embarking on its first project in 2009: the transformation of an 18-bed care home in Dunvegan, Cambuslang, into a 24-room luxury facility by 2011. Following its success, the group committed to a similar project with Duncraggan care home in Burnside, Rutherglen in 2012, expanding the 18-bed setup to a capacity of 24 … Read More »
Terry Banks, older sister of Balhousie Care Group founder Tony Banks, has retired today, Monday 24th April, after 25 years working for the care home provider.
Terry has been part of Balhousie since its beginnings 25 years ago, helping her parents and brother Tony to fix up the company’s first care home, Balhousie Lisden in Kirriemuir. For Terry, working with her little brother has been a joy.
“I’ve always looked after him as we are so close in age” says Terry. “I’m really proud of him and what he’s achieved and it’s been wonderful to have played a part in that too.”
Terry went from welcoming babies into the world in her midwifery post with NHS Tayside, which she left almost 18 years ago to go full time at Balhousie, to caring for those in the last moments of their life.
Terry has worked … Read More »
By guest blogger BOB FERGUSON
Last month MPs lambasted providers for “mercilessly” ripping off customers “when they are not looking”. Okay, they weren’t talking about care homes. But they could have been. These providers exploit self-funders by way of what a relative called “hidden and dishonest” subsidies – the neglected story behind the underfunding headlines.
LaingBuisson is convinced the sector is being kept afloat by cross-subsidies from unsuspecting self-funders. The industry’s injured innocents, meanwhile, prefer an alternative reality: self-funders pay the “real costs” of care and providers absorb the shortfall in council prices. Unfortunately for the deniers, there’s ample evidence that the pollutant of underhand cross-subsidy is “endemic”, with private fees not only considerably higher than authority rates, but often soaring above even LaingBuisson’s benchmarks.
Without a breakdown of costs – advertised fees are all tip and no iceberg – self-funders can never … Read More »