Cordia launches homecare service in Glasgow

Posted on October 20th, by geoff in Caring Times. Comments Off on Cordia launches homecare service in Glasgow

Cordia, Scotland’s biggest homecare provider is now operating in Glasgow in partnership with the Health and Social Care Partnership (HSCP).

The service ‘Supported Living’ is specially tailored for elderly service-users with complex needs, supporting them within their own homes to help live semi-independently – reducing the risk of hospital or care home admission.

Around 82 service-users across the city are currently registered with plans to increase this to 140 by December. Frances McMeeking, Cordia’s head of care services said said the company was working in partnership with Glasgow Health and Social Care Partnership to manage referrals.

“The operations team is growing and we’re actively recruiting,” said Ms McMeeking.

Cordia employs 2,800 home-carers and 161 co-ordinators – carrying out 95,000 visits to 6200 elderly service-users in Scotland every week.

Events celebrated dementia-friendly cinema

Posted on October 19th, by geoff in Caring Times. Comments Off on Events celebrated dementia-friendly cinema

Cinemas across the UK recognised World Alzheimer’s Month in September with a series of dementia-friendly film events.

The BFI Film Audience Network and venue partners have made film accessible throughout September and beyond, for audiences living with dementia. Regular relaxed screenings, full of live entertainment, offer safe and welcoming experiences.

The film screenings are developed by venues and supported by the eight BFI Film Audience Network (FAN) Hubs across the UK and National Lottery funding, who provide dementia-friendly guidance, training and support to cinema operators.

Four Seasons proposes major financial and property restructure

Posted on October 18th, by geoff in Caring Times. Comments Off on Four Seasons proposes major financial and property restructure

Major care home operator Four Seasons Health Care has published a proposed financial and property restructuring package.

The key elements of the proposal, planned for implementation in November, are that:

Major stakeholder Terra Firma will inject equity value by way of 24 homes outside of FSHC that they valued at £136m in December 2016. These homes would contribute an estimated EBITDA increase of £18.9m and a cash flow increase of £17.1m.
Proposed refinancing of the debt with existing Senior Secured Notes (SSNs) of £350m being exchanged for £350m of new SSNs which would come with an extensive guarantee and first ranking security package granted by the restructured group. Under the proposal, the existing Senior Notes (SNs) of £175m will be exchanged for £60m of New SNs and 20% of the equity in the restructured group. In addition, there would be no payment of … Read More »

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