Caring Times News
Shaw healthcare, an employee-owned care provider for elderly people, has agreed to sell a minority stake to Bridges Evergreen Holdings for £10m to accelerate its growth and development.
With 52 care homes across England, more than 3,500 employees and revenues of over £90m last year, Shaw healthcare is one of the ten largest employee-owned companies in the UK and will continue to be substantially owned by its employees for the long-term. The company enjoys strong relationships with local authorities and the NHS, from whom it derives over half of its income through long-term contracts.
Evergreen is a permanent capital vehicle managed by Bridges Fund Management, a specialist sustainable and impact investor. Unlike standard private equity funds, Evergreen has no requirement to exit in a finite period – allowing it to provide financial and operational support to Shaw over the long-term. As part … Read More »
Work has begun on a £1.6m supported living development in Colne, Lancashire.
Due for completion in Spring 2018, the three storey scheme will provide 11 apartments alongside communal areas and landscaped gardens specially designed for adults with a range of support needs.
New residents will receive a tenancy agreement and there is no limit to how long people can live there.
The development, a three-way partnership project between Making Space, a national charity and leading provider of health and social care services, specialist accommodation developer Homelife and health and social care landlord Inclusion Housing, is intended to enable adults with a range of support needs to live as independently as possible, with support from an on-site care team.
Castleoak, Mike Parsons and Dutch operator in new venture to create Martha Flora UK
Established European specialist dementia care operator Martha Flora has joined forces with care sector development specialists Castleoak and operating partner Mike Parsons to create Martha Flora UK.
Amsterdam-based Martha Flora operates specialist boutique dementia care homes across the Netherlands with 13 homes currently open or under construction.
As part of the joint venture Castleoak will provide specialist land finding and acquisition services, will manage the planning process, and design and build the high quality specialist care homes. Care sector entrepreneur Mike Parsons and his team will commission and operate the new facilities and Martha Flora will provide the brand, intellectual property and operational support.
A new company Martha Flora UK Ltd has been established and will be jointly owned by the three parties, with development and construction partner Castleoak taking … Read More »
An apprenticeship scheme run by care home and retirement housing charity Anchor has been rated the best in the country.
Anchor, which is England’s largest not-for-profit provider of care and housing for older people, has come tops in the Rate My Apprenticeship Award, coming-in ahead of Virgin Media, Deloitte, Land Rover and BAE Systems.
The award saw apprentices from across the UK rate their apprenticeship, basing their views on how valued they feel, the support they get on programme, development opportunities and how much they earn.
“We’re incredibly honoured to be voted the number one employer of apprentices, especially as it is our apprentices’ feedback which has got us there,” said Katie Rankin, Anchor’s qualifications & apprenticeships manager.
“We’re passionate about developing future talent, giving young people the opportunity to gain new skills and make a real difference to older people’s lives. We’re extremely … Read More »
By Caring Times editor GEOFF HODGSON
A recent survey has found that 63% of the general public believe the NHS provides social care and 42% think it’s free.
It might be difficult for we who are involved with social care to appreciate this ignorance of the reality, but most people have little engagement with social care, which is why government has hitherto felt that, as long as the system doesn’t actually collapse, it can get by with a very minimum drip-feed of extra resources.
But the increasing unmet need is making itself felt in the NHS, with frail elderly people being increasingly yo-yo’d between hospital and home – at huge cost and with huge stress to the elderly people concerned.
It is the latter which makes the situation so morally repugnant. We have come quite a long way towards social justice but it has yet … Read More »
Work has begun on the construction of a 77- bed care home in Banstead, Surrey which will leased by care provider, Hallmark Care Homes.
The new home, which will provide residential and dementia care is being built at a cost of £8m across a one acre site by contractor Lawrence Baker and will be the care group’s first lease deal.
When opened the home will provide a spacious, luxurious and sociable environment where family members are encouraged to spend time in the home with their loved ones, participating in activities.
Facilities will include; a cinema, hairdressing salon, therapy room and café. Each bedroom will have an en-suite bathroom and most of those on the ground floor will have access to their own patio.
Other communal areas will include an interactive kitchen where residents can assist in the preparation of meals and gardens designed by … Read More »
Albion Care Communities (ACC), a rapidly growing investor and developer of quality care homes for elderly people, has begun two further developments in Abergavenny and Hereford.
The two facilities are due to open in early 2019, each providing facilities to 70 residents including a café, gym, cinema room, hairdressing salon, dedicated activity spaces and extensive landscaped gardens.
The en-suite bedrooms will be furnished to the highest standard of comfort with input from specialist interior designers. Care services will include residential, nursing and dementia care.
In August, ACC opened its first development, Pine Martin Grange, a 64-bed purpose built care home in Wareham, Dorset. The company is rapidly becoming a major regional investor and developer with 271 beds currently in operation or development.
Albion chairman Mike Parsons said that to date, the company had raised about £50m in debt and equity funding, with access to … Read More »
Advinia Health Care is has purchased 22 nursing and residential homes from BUPA totalling 2714 beds, expanding its portfolio from 16 to 38 homes with 3250 beds, putting Advinia into the top 15 care providers in the UK.
Privately owned, Advinia was founded by Dr Sanjeev Kanoria and his wife Sangita in 1999. Dr Kanoria is the chairman of the group, is an ex-Mckinsey consultant and liver transplant surgeon in London. He is also the owner and deputy chairman of a commercial bank in Austria.
The group is part of the Kanoria Foundation which owns Srei Infrastructure Finance Ltd, the largest infrastructure finance company in India.
“It is satisfying to be able to invest confidently in the market where it has been clearly identified that there will be a lack of quality bed provision over the next five years,” said Dr Kanoria.
“We have … Read More »
By Caring Times editor GEOFF HODGSON
There are powerful arguments why carers working at night in small specialist care facilities should be paid their full hourly rate, even if they spend much of the shift asleep. But there is a strong economic argument why ‘sleep-in’ shifts should be paid at a flat rate of £35-£45, with only that time spent delivering care being paid for at an hourly rate.
Until recently the latter argument has prevailed, but now the employment tribunals and the unions have insisted that the workers must be paid the hourly rate and this should be back-dated.
Care providers howled that they couldn’t afford it at the current rates of funding and that back-dated payments could cost the sector as much as £400m.
Government has responded in some measure to providers’ concerns, suspending enforcement action against them and waiving at least some … Read More »
Local authorities in the West Midlands have warned the Government of a “catastrophic impact” on people needing care if pledged social care funding is not honoured.
The warning came after NHS England set what West Midlands leaders call new, unachievable targets for local authorities to reduce the delays in the number of people leaving hospital. Latest Government figures show that in most cases this is because people are waiting for NHS services, not social care.
NHS England says local authorities which don’t meet the targets immediately will not have funding approved as part of the Better Care Fund, which aims to support more people in their home and communities rather than being kept in hospital. This amounts to around £150m in the West Midlands which is needed to fund services for the most vulnerable people including homecare, reablement and residential care, all … Read More »