Tag: Corporate

Barclays funds Keane Premier Healthcare acquisition

Posted on April 25th, by geoff in Caring Times. Comments Off on Barclays funds Keane Premier Healthcare acquisition

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 »

Balhousie’s Terry Banks retires

Posted on April 24th, by geoff in Caring Times. Comments Off on Balhousie’s Terry Banks retires

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 »

Greensleeves Care appoints three new trustees

Posted on April 21st, by geoff in Caring Times. Comments Off on Greensleeves Care appoints three new trustees

Not-for-profit care operator Greensleeves Care has appointed three new trustees – Des Kelly, Dallas Pounds and Kim Davies – who bring a wealth of experience from the care and healthcare industry, property and estates expertise, as well as leadership and governance.

Greensleeves says the appointments reinforce the board at a time of significant expansion and sustainable growth.

Des Kelly brings tremendous experience gained in the care industry. He was the executive director of the National Care Forum from 2003 until his retirement in 2016 and was awarded an OBE in the Queen’s Birthday Honours in June 2007 for services to social care.

Des was also the founder chair of the Care Provider Alliance, is currently the chair of the charity the Centre for Policy on Ageing (CPA) and previously chaired the advisory group of the ‘My Home Life’ culture change programme and also … Read More »

Balhousie residents have their say with launch of charter

Posted on April 4th, by geoff in CT Extra. Comments Off on Balhousie residents have their say with launch of charter

Caring Times, April 2017

In a first-of-its-kind move in the care home sector, Balhousie Care Group has launched a participation charter that commits to residents getting a bigger say than ever in the care they receive.

The Balhousie Participation Charter, which was launched last week to Balhousie’s 24 care home managers, states that residents must be part of events in the homes, be able to speak out about their care, be involved in writing care home policies, and have a say in recruiting staff. The charter is a culmination of Balhousie’s company-wide drive towards personalisation of care and increased participation across the group’s care homes, an initiative it calls ‘Together We’re Great’.

The charter was created by Balhousie residents and staff and inspired by National Involvement Network (NIN) and the Association for Real Change (ARC) Scotland. In a NIN report published last year, … Read More »

Brunelcare to pay staff above the National Living Wage

Posted on April 4th, by geoff in CT Extra. Comments Off on Brunelcare to pay staff above the National Living Wage

Caring Times, April 2017

A charity care and housing provider in Bristol is leading the way in deciding to pay its staff at least 25p per hour more than the National Living Wage this year. Due to come in to effect on 1 April 2017, the national living wage is being increased for workers aged 25 and over.

Brunelcare will pay a minimum of £7.75 per hour for all colleagues aged 19 years and over. This is 25 pence more than the mandatory £7.50 national living wage.

For over 75 years Brunelcare have been at the forefront of developing ways for people to stay as independent as possible, creating great communities to live, work and enjoy being in.

Brunelcare’s CEO, Kevin Fairman, says: “The high quality care and services we provide relies entirely on the hard work and dedication of our staff.

“We believe that … Read More »

Oomph! hits the road

Posted on April 4th, by geoff in CT Extra. Comments Off on Oomph! hits the road

Caring Times, April 2017

Barchester Healthcare Founder, Mike Parsons along with the Care and Wellbeing Fund and Nesta Impact Investments have together invested £1.5m into a radical new outings service for older and vulnerable adults in care by award winning social enterprise Oomph! Wellness.

Out and About provides an end-to-end excursions solution including transport, drivers and a tailored schedule of trips for care providers. In spite of huge pressures on social care budgets, care homes still need to provide wellbeing activities, but are searching for new ways to deliver more for less.

Oomph!’s excursion service will typically allow homes that organise outings themselves to benefit from up to 3 times more trips for half the cost according to analysis by Deloitte.

The service will provide up to 6 trips a month for a flat fee. Prices will start from £160 per excursion, putting regular … Read More »

Badby Park buys South Park

Posted on March 9th, by geoff in CT Extra. Comments Off on Badby Park buys South Park

Caring Times, March 2017

Complex care provider Badby Park Group has acquired the South Park Care Centre in Darlington.

The acquisition, for an undisclosed sum, marks the next stage in the growth of the award-winning group, which also owns Badby Park in Daventry, Adderley Green Care Centre in Stoke and The Bridge Neurological Care Centre in nearby Middlesbrough.

The modern purpose built care home, which opened in 2008, will now undergo a substantial million-pound refurbishment to reduce the total number of bedrooms from 67 to 54, all fully en-suite. The renovation will provide enhanced space for accommodation, therapy, rehabilitation and leading edge care facilities.

The updated service will welcome the first of its new residents in the summer of 2017. Badby Park Group chief executive Paul Hill said the new service would work closely with local health and social care professionals to deliver the highest … Read More »

St Cecilia acquires Queen Margaret Nursing Home

Posted on March 9th, by geoff in CT Extra. Comments Off on St Cecilia acquires Queen Margaret Nursing Home

Caring Times, March 2017

Care provider St Cecilia’s Care Service Ltd is adding to its portfolio with the addition of the former Queen Margaret’s Nursing Home in Scarborough.

The investment is a positive move for St Cecilia’s and for Scarborough and bucks the current trend which has seen a downturn in the national care home market. Since 2010, 380 care home businesses have gone under and between 2015 and 2016, the number of nursing homes fell from 4,697 to 4,633 – the first decline in five years.

St Cecilia’s Care Services is an award-winning, family-owned Scarborough business providing a range of care services to enable older and vulnerable adults to enjoy a happy, safe and enjoyable quality of life. It consists of the St Cecilia’s care home which provides high quality, compassionate care, in a homely and welcoming environment for up to 21 … Read More »

SHIP launched

Posted on March 9th, by geoff in CT Extra. Comments Off on SHIP launched

Caring Times, March 2017

Universities Superannuation Scheme Ltd and Morgan Sindall Investments Limited have launched a new joint venture – the ‘Supported Housing Investment Limited Partnership’ (SHIP).

The landmark transaction brings together USS, one of the largest pension schemes and real estate investors in the UK, with MSIL’s market-leading expertise in social infrastructure development and investment.

At launch, the partners will commit £100m to SHIP, with USS providing 95% of the capital and MSIL retaining a 5% stake – and acting as asset, property and portfolio manager. As the asset class matures, and provided that the market continues to offer suitable opportunities, the JV partners intend to increase the SHIP portfolio value to £200m. Initially, SHIP will deliver over 500 new purpose-built supported independent living apartments across the UK.

The housing will cater for vulnerable people with physical and learning disabilities, enabling them to … Read More »

Greensleeves launches charity bonds

Posted on March 9th, by geoff in Caring Times. Comments Off on Greensleeves launches charity bonds

Greensleeves Care, a not-for-profit provider operating 20 care homes, including two nursing homes across the Midlands, South and East of England, has arranged for the issue of charity bonds to diversify its sources of funding and allow the organisation to expand its services.

The bonds will be issued by Retail Charity Bonds plc, a special purpose issuing vehicle that connects charitable organisations seeking unsecured loan finance with investors looking for fixed income bonds listed on the London Stock Exchange.

The funds raised will be loaned, via a loan agreement, to Greensleeves Homes Trust. The bonds are available to wholesale and retail investors and will pay a fixed rate of interest at 4.25 % per annum. They have a minimum initial subscription amount of £500 and are available in multiples of £100 thereafter.

The offer period is expected to close at 24 March 2017 … Read More »

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