As the House of Commons rejects the amendment which would have exempted social care providers from the employer’s national insurance rise, we gather some reactions from the sector.
Politics & policyCategory: Topics
Norwood House, a 59-bedroom specialist dementia care home in Saxmundham East Suffolk, has sold to growing regional care home group Holmwood House Holdings Ltd.
M&ABrainomix, which develops AI-powered imaging tools in stroke and lung fibrosis, announced the completion of a £14m series C investment round.
In other news...HealthInvestor understands that supported living firm Lifeways is in a process led by Rothschild.
M&AWelltower looks to be close to buying north-west based care home group Athena Healthcare Group.
M&AMacmillan Cancer Support has invested in leading virtual cancer clinic Perci Health.
In other news...Following the Government’s announcement that NHS England will be abolished, the mood from industry insiders seems fairly positive - although questions remain about what comes next.
Politics & policyBankhouse Nursing Home, a nursing care facility local to Blaenau Gwent in South Wales has sold to the manager of Oxford Care Homes and BIRA Care Homes.
M&AThe Takeover Panel has extended the deadline by which KKR and Stonepeak must make a firm bid for Assura PLC.
M&AThe Prime Minister has announced the abolition of NHS England.
Politics & policyYorkshire-based care home company Strong Life Care has acquired Cooper House in Bradford for a seven-figure sum.
M&ASME Sussex Community Dermatology was acquired by Tower 18 at the end of last month.
M&AParklands Care Homes is launching a £4m expansion of its care facilities in Tain and Grantown-on-Spey to increase its capacity.
In other news...Northern Irish pharmacy chain Gordons Chemists has exited the Scottish market, selling its nine Scottish pharmacies to M&D Green Dispensing Chemists.
M&ABroxburn Dental Practice has been sold to first-time buyers (and sisters) Maria Guillermina Landivar Taborga and Vivian Carolina Landivar Taborga. Christie & Co served as advisors on the deal.
M&ANorth west-based care home group Athena Healthcare Group is up for sale, according to sources.
M&AMental health company Cygnet has acquired Newton House, a mental health service in Blackpool.
M&AA “bull market” is coming according to healthcare investment hotshots who gathered for Shawbrook Bank’s M&A breakfast.
In other news...Eleanor Healthcare Group has acquired the Close Care Home.
M&AThe board of healthcare property firm Assura plc has received an indicative non-binding proposal from a consortium featuring KKR and Stonepeak Partners for a £1.6bn takeover bid.
M&ASouth African hospital giant Mediclinic is reportedly looking to divest from Spire.
M&ASpire Healthcare’s FY24 results show the group met many of the guidance measures, despite a changing market. However the share price dropped by 15%.
Secondary careHealthInvestor understands a deal for UK cancer care business Genesis Care is in the documentation stage. The group denies it.
M&ASources suggest Community Health and Eyecare will be sold later this year.
M&AInternational radiotherapy and cancer care group Amethyst is believed to be up for sale.
M&AHealthInvestor understands that a bidding process for MyDentist has begun.
M&AHenley’s SIPUT II fund has raised £85m since 2022. HealthInvestor sits down with Vicky Amlot, fund manager at Henley Investment Management, to find out more.
InterviewThree pharmacies, located in north Yorkshire, west Yorkshire and Lancashire, have been sold to independent buyers.
M&ABevan Brittan has promoted Sarah Skuse to deputy head of independent health and care.
In other news...Scottish care home group Meallmore is reportedly preparing for an exit with an advisor ready to take the firm to market.
M&AEverest Pharmacy has acquired five pharmacies located across Bolton and Accrington from Sykes Chemist Group..
M&AThe Care Quality Commission has appointed Professor Aidan Fowler as interim chief inspector of healthcare.
RegulationSeveral expert sources have suggested a regional Scotland-based care home group is up for sale. The group has denied it.
M&AAssura plc, which invests in and manages healthcare buildings across the UK, has rejected a potential cash bid from KKR.
M&AKromek Group plc (AIM:KMK), a developer of radiation and bio-detection technology solutions, has received the first $25m payment under its enablement agreement with Siemens Medical Solutions USA.
In other news...Consulting firm Candesic is opening an office in New York to deepen its reach in the US market.
In other news...Apposite Capital-backed Kelso Pharma has acquired Milton Keynes-based pharma business, Alturix Holdings.
M&AThe sharp decline in international university students is worsening the workforce crisis. An expert source explains how companies are helping and where the Government needs to step up.
Market analysisAs part of the plan to bust NHS backlogs and improve early diagnosis, the Government plans to expand the use of community diagnostic centres (CDCs). But what is the state of CDCs?
Politics & policyKara Healthcare has acquired six care homes in the Northeast from administrators and lender ThinCats, alongside another from family-run operator Peterborough Care.
M&AAshley Dalton has been appointed as am under-secretary of state in the Department of Health and Social Care replacing Andrew Gwynne.
Politics & policyNatural large language models (LLMs) like ChatGPT are being used across the economy. But while they can make healthcare better, how can you use them ethically and safely? We chat to Charles Cross, co-founder of Emma AI, to find out more.
InterviewCare England CEO Martin Green says the way in which local authorities commission care makes them “complicit with modern slavery”. Multiple sources on and off the record say tens of thousands of international care workers are stranded in the UK.
Politics & policyOperating rooms could operate better with a helping hand from technology. That’s the view of Nadine Hachach-Haram, founder of Proximie, a company she describes as the “operating system for the operating room”.
InterviewData from IHPN, when compared with waiting list data from BMA, shows independent sector activity within the NHS has increased at a far greater rate than waiting lists have decreased. While November 2024 saw a 34% increase in private sector activity compared to December 2023, waiting lists had only decreased by 1.6% in the same period.
Market analysisLuxury care home provider North Bay has sold a portfolio of six homes across the north of England for £100m.
M&ACority Software has acquired Medical Management Systems, trading as Meddbase, which was the first cloud-native clinical software solution designed for healthcare providers in the UK.
TechnologyThe Government has confirmed funding and a ‘realistic’ timetable to put the New Hospital Programme (NHP) on track to deliver all of the proposed projects.
Politics & policyPan-European PE firm Astborg has signed a definitive agreement to acquire FUJIFILM Irvine Scientific Medical Media Business, furthering its growth in the assisted reproductive technology market.
M&AThe European health tech market raised $10.8bn in 2024, making it the most funded sector of the year according to data from Dealroom.co.
Market analysisSpecialist support service Consensus has acquired residential care and support provider Creative Care.
M&AMedimatch’s MBO has been supported by Queen’s Park Equity (QPE). The digitalised dental laboratories group MediMatch will use this as a springboard for consolidation.
M&AThe health and social care sector shows signs of recovery, but health and social care experts are unsure how this will play out in the M&A market.
M&AThe NHS is partnering with ophthalmology giants Optegra to reduce the waiting times for glaucoma treatment.
Private public partnershipsHealth Sciences University has partnered with Oxford International Education Group to increase pathways for international healthcare students.
In other news...The Government’s AI action plan may offer a much needed greenlight to health tech companies serving the NHS.
Politics & policyAlliance Pharma has announced it has reached agreement over the £349.7m takeover offer from asset manager DBAY Advisors and Edmond de Rothschild’s Eres IV fund.
M&ASocial care experts widely see the Casey Review’s 2028 release date as a delay tactic and wonder if some businesses will even survive to see its conclusion.
Politics & policyThe Government has announced its plans to tackle the elective care backlog and to strengthen the partnership between the public and private sectors. Some observers have déjà vu.
Politics & policyThe largely untapped UK consumer healthcare market is ripe for opportunity, according to SunWave CEO Tom Zivanovic. HealthInvestor finds out more.
InterviewGlobal PE group Baird Capital is investing in Newmarket Strategy, a specialist healthcare, medtech and life sciences consultancy specialising in market access.
In other news...Angela Rippon is the celebrity ambassador for Care UK’s campaign “the Big Dementia Conversation”.
In other news...Neil Eastwood is looking to tackle the care sector’s workforce crisis. Not only does his app offer a novel solution, but his experience as a former carer and care group director gives him a fascinating perspective on where employers are going wrong.
InterviewAdvisory firm Mansfield has announced four promotions in its life sciences, social care, and healthcare team.
In other news...Hours-long ambulance waits have prolonged patient suffering, but what if calling an ambulance was as simple as ordering an Uber? HealthInvestor interviews Max Korotich, co-founder of ambulance app FlashAid.
InterviewHealthcare superstar Professor Sneh Khemka was among those included in the New Year’s Honours List.
In other news...Swanton Care and Community has acquired Alina Disability Support which provides care and support for children and adults with learning disabilities.
M&AElevation Healthcare Properties has acquired land and agreed forward-funding to support the development of three new purpose-built care homes.
Real estateOakland Care’s purchase of a 70-bed care home development site last month highlights key trends in the elderly care market.
Market analysisPE firm Lonsdale has launched two build-and-buy platforms in homecare and dentistry. HealthInvestor speaks to an advisor on the homecare deal to find out more.
M&AStrong Life Care has purchased two purpose-built care homes: The Beeches in Armthorpe, South Yorkshire and Tenlands in Ferryhill, County Durham.
M&AThe UK healthcare market could see price rises driven by Trump administration tariffs.
Politics & policyThe winners of the 2024 HealthInvestor Power List 2024 have been announced.
AwardsPrivate equity firm Kester Capital has acquired Hitchin, Hertfordshire-based EMAS Pharma, the clinical development division of Bionical Emas.
M&AMore details have emerged about the upcoming Optegra deal. The process is expected to conclude within two months.
M&ANarayana Health has reportedly denied rumours it is planning to buy UK hospital group Spire. Were a sale to happen, HealthInvestor understands the group’s ownership structure could make it complicated.
Market analysisA review of more than 100 integrated retirement community schemes has revealed continuing shifts in operator strategies,
Market analysisRedmoor Health has acquired The Well Led Practice, a leadership and team self-development platform for practices and primary care networks.
M&AHealthInvestor understands ophthalmic success story Optegra is up for sale, with an advisor appointed to take the firm to market next year.
M&AElectiva Healthcare has acquired Clinica Medica, which provides private GP services, day case surgery, medical-grade aesthetic treatments and pharmacy services.
M&ABupa Health Services has acquired The Dermatology Partnership, seven dermatology clinics.
M&ALondon-based Duke Street, a European mid-market investor, has acquired ForLife Group, an ostomy care products company operating in Germany and the UK.
M&ACare home provider Oakland Care has purchased a 70-bedroom care home development site in Fleet, Hampshire.
M&AProperty developer Zephyr X has acquired a site for a new senior living development in Kidderminster, Worcestershire.
Real estateA comprehensive survey from the Care Provider Alliance (CPA) displays the devastating impact the budget will have on care and support providers.
Politics & policyIn an exclusive chat with HealthInvestor, Nuffield Health has confirmed it is appointing two new chief operating officers, one for the hospital side of the business and another for their fitness and wellbeing centres. A spokesperson denies the group will split, despite rumours to the contrary.
Market analysisForbes Stuart, partner at Ignite Growth, which acquired supported living business Acorns Healthcare, talks bout Ignite’s regional growth strategy, his thoughts on UK political risk and more.
InterviewHuge wage bills in the wake of changes to employers’ national insurance contributions could cripple some healthcare operators, market experts tell HealthInvestor.
Politics & policyCare provider Barchester Healthcare has reported 2023 income of 22.5 million, up from £21.9 million reported for 2022.
Company resultsSmart Care Homes has acquired Mannamead Care, a group of four care homes and an independent living unit in Plymouth, Devon.
M&ALondon-based life science investor Syncona today announced its interim results for the six months ending 30 September 2024.
Company resultsAssura announced pre-tax profit of £77.1 million for the six months ending 30 September 2024, compared to a net loss of £17.8 million reported for the same period last year.
Company resultsHealthcare M&A has rebounded in a big way. Year-end figures should see at least £2.5bn worth of transactions completed in the UK. Elderly care has proved particularly attractive.
M&AIgnite Growth has acquired Acorns (Southern), a specialist supported living business based in Curdridge, Hampshire.
M&AA Qualia Care home, St Mary’s Nursing Home in Moston, Manchester, has been sold to Vriddhi Investments on behalf of the administrator Griffins.
M&ABetween 2021 and 2028 it is projected the remote patient monitoring (RPM) sector will grow nearly three times by revenue. An RPM CEO tells us more.
Market analysisSystem C has acquired Coventry-based CIS Oncology, which provides the chemotherapy prescription and management system, ChemoCare.
M&ASocial infrastructure real estate investment manager Newcore Capital has acquired 15 assets in the primary healthcare sector.
M&AGrosvenor Health and Social Care Group has acquired Lifted Care, the care services arm of Lifted, a social care technology platform.
M&AWorkforce management platform Patchwork Health has acquired fellow providers L2P. The deal points to growing consolidation in the sector.
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