August 2017

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

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 …

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

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 …

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Dr Chai Patel

CBE FRCP

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Dr
Chai
Patel

CBE FRCP

All rights reserved. Copyright © Court Cavendish Ltd 2020.