An investment group that is set to be the biggest care homes owner in Britain has vowed that it will not become the next Southern Cross. HC-One is poised to acquire about 120 homes from Bupa, possibly through a debt and equity deal amid unease about the implications for the group’s debt levels and with …

Bupa deal set to create UK’s biggest care homes provider Read More »

Care homes are teetering “on the edge” and a chronic shortage of funding risks “catastrophic failure” within the National Health Service, the businessman expected to be the biggest operator of residential homes has warned. Chai Patel, chairman of HC-One, which could take over more than 120 homes from Bupa, predicted that six national chains would …

Care home chief warns sector is on the brink of catastrophic failure Read More »