Despite servicing local authorities at fee levels that are 75% of the UK national average, Advinia grew EBITDARM more than 30% and sustained occupancy levels at 96% in 2017. It has achieved this through the creation and implementation of process, workflows and rigorous training along with the use of technology. The cost savings associated to this is £1.3m per annum over the last four years. It recently bought a portfolio of 22 homes from Bupa which has seen Advinia grow to 3,250 beds across 38 homes, employing 4,000 members of staff.
June 22, 2018
