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British care home chain gets £26m investment

Care home operator Hill Care, which runs a network of 19 facilities in the North of England, has received a £26m investment from Barclays as part of a refinance package.

UK-based care provider plans for growth with new investor

Exemplar Health Care, a UK-based provider of specialist nursing care for adults with acute physical, mental and learning disabilities, has a new investor - and is making big plans to develop its business as a result.

Interview: Andrew Wyatt, COO, and Corrina Kane, head of product marketing, Lumeon

Care Pathway Management (CPM) software administers health systems, connects data and orchestrates the patient’s journey using predetermined and rigorously analysed rules. It claims to improve clinical capacity and patient satisfaction, whilst slashing paperwork and billing overheads. Lumeon is a leader in this field. It’s working with many of the UK’s top commercial operators and close to signing with the NHS directly. Last week, it launched its own care pathway marketplace. Lumeon is alternatively, a revolutionary pioneer, or a jumped-up admin system. We investigate.

Harty news for Spire in London

Bryan Harty has left the Irish private hospital Blackrock Clinic after 16 years as CEO, and will start a new role at Spire Healthcare on the 12th August, managing a new hospital development in London.

Bourke takes the reins at Bupa

The diversified healthcare giant Bupa has promoted acting CEO and former CFO, Evelyn Bourke, to CEO. The appointment was widely expected, and will bring continuity to a business that undertook a £1.8bn M&A drive under former CEO, Stuart Fletcher, but saw profits suffer.

China Resources to buy GenesisCare

Macquarie-backed, state-owned conglomerate China Resources (CR) is waiting for Australian regulatory approval to buy private equity house KKR's 45% stake in oncology group GenesisCare. CR wants to continue expanding Genesis in Western Europe and to tap the Chinese market with new hospital management contracts. The deal values the company at US$1.3bn.

UK telehealth group Tunstall no longer for sale

Private equity house Charterhouse Capital Partners is no longer selling UK telehealth group Tunstall, according to several sources familiar with the deal. The sale process was brought to a close despite multiple bids from different companies, including buyout firm Triton Partners.

UK healthcare faces up to Brexit

The UK has voted to leave the EU unleashing economic and political turmoil that has taken the legs out from under Sterling, ignited press hysteria and will likely see the leaders of both major parties replaced. As always, the NHS was front and centre during the campaign. But concerns for healthcare more broadly, including the private sector, are numerous. We talk to investors, operators and advisors.

Aviva and Prudential mull data share

We hear that Prudential and Aviva, the third and fourth players in the UK private medical insurance market, are planning to share their healthcare data. Our sources say that unless they can share they are at a serious disadvantage to the top two players, Bupa and Axa.

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