Pan-European French elderly care group DomusVi is selling 37 care homes in Spain and Portugal to help shore up its finances. The portfolio is reportedly being valued at €350m+.
Currently there are no treatments for dementia. Money is flooding into drug discovery in the pursuit of greater understanding and a possible treatment, but in the short to medium term there is little that can be done but provide care and attempt to delay the severity.
While inspections at facilities belonging to French multinational elderly care operator Orpea have been commonplace within France, news of Europe-wide police raids sweeping Belgium, Luxembourg, Italy, Portugal and Switzerland is now making headlines.
A new CEO for Voyage Care - the UK’s largest provider of support for people with learning disabilities by revenue - has been named. The successor is current CCO at UK nursing home operator HC-One, Mike McKessar, who will assume the position early this summer.
French nursing home operator Clariane (formerly Korian) is selling half of its stake in its joint venture with European real estate investor Aedifica. The sale of the real estate for six Dutch homes for €25m follows Clariane’s plans to reduce its debt and also mirrors rival operator Orpea’s attempts to pull back from the country.
January comes to an end, rounding off what has been a busy period in personnel changes. We review some of the senior appointments that kicked off the new year including at UK care home operator Cornerstone, property advisor Christie & Co, and healthcare conglomerate Fresenius.
French nursing home operator Orpea is partnering with one of the top business schools in France - EDHEC - to launch a first-of-its-kind management school for the care sector. It plans to train 1,000 group managers within one year. HBI speaks to a market expert to learn more.
As increasing numbers of local councils in England declare themselves bankrupt, fees are giving care home operators cause for concern. HBI catches up with two market experts to understand why more insolvencies are on the way, and what this could mean for the sector’s future.
The UK’s care sector has become heavily dependent on foreign nations for its healthcare workforce. With new proposals from the Home Office restricting whether families can accompany some workers coming to the UK, HBI speaks to two operators to hear what impact the plans could have.
With a workforce on its knees, it is little surprise that the prospect of ‘care as a career' is becoming an increasingly difficult reality. HBI speaks to UK mental health and social care provider Priory’s CEO Rebekah Cresswell about the government’s latest reforms, and how staff retention can be improved even when times are tough.
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