News

Increased funding for nursing in care homes

Increased funding for nursing in care homes

The Government has announced an increase in funding for nursing in care homes in an attempt to ease pressure on hospitals working to tackle the Covid backlog.

 

What do the CQC regulatory changes mean for care providers?

What do the CQC regulatory changes mean for care providers?

With the announcement from the Care Quality Commission that it is changing its regulatory framework in April 2023, care home providers, owners and management teams will need to be ahead of the curve when it comes to inspections. Fulcrum Care delves into the current system in place, what changes will be made and what this means for the care sector.

Fire safety made simple - Ocean Fire & Security have a new Fire Safety Maintenance Package!

Fire safety made simple - Ocean Fire & Security have a new Fire Safety Maintenance Package!

Ensuring compliance for your fire safety systems can be both time consuming and stressful. CQC regulations and Government fire safety legislation requires care homes to ensure fire safety working practices up to current standards, that all fire safety systems are suitable, in working order and tested appropriately, both in house and by a competent fire company. 

Why use a group structure?

Why use a group structure?

With business activity in the care home and wider social care sector at a decade high, Rachael Anstee, Partner at Hazlewoods, considers the growing business within a group structure versus a standalone limited company.


How to secure funding for your care home successfully

How to secure funding for your care home successfully

Specialist health and social care finance brokers, Chandler & Co provide impartial, bespoke advice whether you are considering an acquisition, refinance, development, expansion, or financial restructuring with access to competitive funding available in the lending market.

The Big Interview with Dave Robinson of Centurion, SOLLA accredited and Chartered Financial Planner

The Big Interview with Dave Robinson of Centurion, SOLLA accredited and Chartered Financial Planner

With a background drawn from personal experience,  we interviewed Dave Robinson from Centurion highlighting how his personal journey led him to specialise in looking after the vulnerable in our society.

Update on consumer law and care home residents contracts

Update on consumer law and care home residents contracts

Following its unsuccessful case against Care UK in July 2021 and subsequent withdrawal of proceedings against Barchester, the Competition and Markets Authority (CMA) has revised its guidance for care homes on complying with consumer law obligations

Exit and succession planning for a care home operator

Exit and succession planning for a care home operator

Exit and succession planning is all part of a business lifecycle, and for the care home operator, how a business has been structured over the years should be revisited, as part of any discussions around exiting the business in a timely fashion and maximise the net proceeds.

Setting the appropriate succession and exit plan for a care home operator is imperative, safeguarding the future of the business as well as tax planning mitigation.

Tips for Vendors when selling a Care Home  - Author - Julie Hopkins

Tips for Vendors when selling a Care Home - Author - Julie Hopkins

When considering succession and exit planning from your care business this tends to be a plan some years before the actual deed takes place.  There is something to be said for having all ‘your ducks in a row’ when you decide to sell your business to a third party or pass it on to the next generation, usually a family member.  Your Selling Agent, Accountant and Solicitor all have a vital role to play in the selling process. 

Managing COVID and your new responsibilities

Managing COVID and your new responsibilities

COVID-19 and its aftermath isn’t going away, therefore, it is vital you are equipped to manage it. However, with the government COVID-19 guidance ending employers are having the spotlight shined on them to keep their employees and those in their care safe. 

Nourish Care extends role access for GP Connect extension

Nourish Care extends role access for GP Connect extension

Introducing GP Connect: Access Record (HTML) will allow non-clinical staff filtered access to the GP record, supporting Health and Social Care providers to deliver the most safe and effective care.  

The Converted Care Home Property Market by Julie Hopkins

The Converted Care Home Property Market by Julie Hopkins

Looking at a growing trend in the converted care home property market there are several options to pursue.

These include reassessing demand in the local area and the community need.  The demand for converted independent care homes continues where a growing need has been identified and the care home has future potential, whether this is for an extended care facility or a change of use for a supported living provision from a residential service.