Union homes placed in receivership

Posted on November 1st, by editor in Caring Times. No Comments

Forty-two care homes operated by the Union Healthcare Group have been placed into receivership by owners NHP. NHP appointed Robson Rhodes as receivers for the homes on September 26. The receivers subsequently appointed Highfield Holdings, an operating company acquired by NHP in February last year, to operate the care homes. NHP investor relations officer Simon Hudson said the decision to place the homes in receivership had been triggered by Union Healthcare¹s difficulties in meeting the leasehold conditions, and was made to safeguard the interests of the homes¹ residents.

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