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Nursing Homes

 

German states set to delay single-bed ratio deadlines

Healthcare Europa hears that authorities in Germany are granting exemptions to nursing home providers that allow them to temporarily continue operating with lower single bedroom ratios than required by new laws imposed at the state level.
January 3, 2018

UK care home giant saved from administration – for now

Four Seasons, the UK's second largest care home group, has avoided going into administration at the 11th hour after striking an agreement with its key creditor - a day before it was due to pay a £26m interest payment which it could not meet.
December 14, 2017

Waterland buys German nursing home operator

Private equity firm Waterland has acquired a nursing home operator with 28 homes and 3,058 beds in southern Germany. We talk to Carsten Rahlfs, partner at Waterland.
December 14, 2017

Finnish nursing home group Hovi expands in Singapore

Family-owned Finnish nursing home group Hovi has made its first venture abroad. It has entered Southeast Asia by setting up an elderly day-care centre in Singapore. Group CEO Jussi Peltonen tells HBI of plans to further expand in the region.
November 23, 2017

Borelius quits as Attendo CEO

In a shock move, the man who has built Attendo into the largest Nordic care group over more than a decade announced his departure.
November 21, 2017

Orpea drives into German ambulatory rehab

Care giant Orpea has acquired 75% of imoges, which trades as Salvea and runs a daycare rehab network in Germany through Celenus, its German rehab subsidiary. The move marks a further drive by Orpea into rehab in Germany.
November 13, 2017

UK care home giant set to pass to creditor

Ownership of the UK’s second largest care home group, Four Seasons, looks set to pass from private equity owners Terra Firma to its key creditor, US hedge fund H/2 Capital, in a move that would see the former capping its losses at £450m (€510m).
November 10, 2017
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