Adult Care

 

UK homecare group Optimo Care expanding

UK homecare provider Optimo Care is pursuing an aggressive growth strategy through acquisitions. It has just bought Colchester-based complex care provider My Life Choice. This follows the acquisition of Mayday Homecare, a provider of homecare services in Bolton and Bury, in August. The company plans to make several more acquisitions in 2023.

Germany’s fascinating ventilator market

"In the UK these people would probably get palliative care," says Prof Michael Isfort at the Deutsches Institut für angewandte Pflegeforschung. He is talking about the German ventilation market. An operator reckons there are 25,000 patients on intensive care for respiration, many of whom are on ventilators. That compares to 4,000 patients on ventilators in the UK at the height of Covid. Most German patients are in the outpatient sector and some are in for-profit centres run by private equity-backed businesses. Statutory insurers are trying to cut costs after a new law IPReG (Intensive Care and Rehabilitation Strengthening Act) was passed in October 2021.  Meanwhile, Opseo, one of the three big players may sell this autumn for a price tag of €1bn.

Reforms enable Ambea to raise its social care presence in Denmark

Ambea Group, a major quoted Scandinavian care provider, has been actively buying social care companies in Denmark. We look at why Ambea has been buying in a country which has a history of hostility to for-profit health care and now has a leftist, Social Democrat government.

CareTech founders looking to delist

The founders of listed UK specialist social care group Caretech are hatching a scheme to take the company private, HBI hears. Meanwhile, the UK's competition watchdog says child social care companies are making 'excessive profits'.

Voyage Care bought by Kuwaiti sovereign fund

Voyage Care, the UK’s largest provider of support for people with learning disabilities by revenue, has been acquired by Wren House Infrastructure, a London-based subsidiary of the Kuwait Investment Authority, Kuwait’s largest sovereign wealth fund. HBI explores the multiple paid, and the thinking behind it.

Polarising politician becomes German Federal Minister of Health

Germany has a new government - and a new Federal Minister of Health in Karl Lauterbach. HBI talks to two Germany-based sources who agree he is a politician embraced more by the public than his own party, and considers what his appointment might mean for the sector.

Find Us