Two brothers taking on the elderly care market crisis in a bid to help families to minimize the time, stress and cost of finding quality compassionate care homes have raised £2.5M.

In a round led by early stage venture capital firm Kindred, Chris and Will Donnelly secured investment from angel and Zoopla executive, David Wascha as well as former Airbnb and Facebook director, Caroline Hudack. Monzo's Tom Blomfield and Lendable co-founder Victoria van Lennep also reinvested.

In February 2022, Nourish Care launched its GP Connect integration to customers enabling them to review the GP records and medical notes of those being supported in real time. Contacting a GP when you need them may not always be possible and the introduction to GP Connect will enable care services to make more informed, safer decisions at point of care without waiting.

We are almost halfway through the Super Deduction window and time is running out to optimise tax relief on capital expenditure plans. Bishop Fleming have examined the benefits of this temporary capital allowance relief and how valuable it can be for businesses.

 

It’s that exciting time of year when the bulbs are peeking through the soil, attention is drawn to tax planning ahead of the end of the current tax year (5 April 2022).

 

The Ownacarehome group are proud to be major sponsors of the Pinders Healthcare Design Awards this year.

The pandemic brought infection control to the forefront of our minds and many have considered, or even already installed, a visitor pod in the garden where relatives and friends can safely meet their loved ones without the risk of bringing infection into the home.

However, in these days of ever-increasing costs it is yet another cost to be absorbed, or is it?

When looking at a new care business or an existing one, having reliable reporting information immediately to hand helps a loan application progress faster with the potential lender. 

With the onset of a new year part of preparing financial lending proposals looks at historical performance, current management information and forward forecasting.

Looking at the pipeline of finance proposals for funding applications it is becoming clear that lenders are increasingly enquiring into how care businesses are including the pathway to net zero within their governance plans.

The race to net zero carbon highlighted at COP 26 is gathering momentum and as it establishes will be seen as an additional value enhancement to a care business.

For the last 10 years, the inheritance tax (IHT) nil rate band has remained static. During this time, markets, investments and property values have continued to rise, meaning that IHT is becoming more of an issue and affecting progressively more people.

With effect from Monday 31 January 2022, the Covid restrictions on adult social care will be eased, as announced by the Government in the latest rolling back of Plan B curbs in England.

John Ramsey, director of Ownacarehomes partner Social-ability has spoken out on Sky News today highlighting the increased need for therapies to help create better outcomes for people suffering with dementia.