Not so rosy
Article Abstract:
Community Hospitals has lost key senior staff in 1994 and the company has also been affected by recession. The market for private health care was expected to grow more rapidly than it has done and competition has increased. The company's hospital activities are thus under pressure, while its nursing homes side has been affected by loss of senior staff. The nursing homes division was growing well in 1994 and increased its profit to 2. 35 million pounds sterling compared with 1.76 million pounds for 1993.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Crestacare
Article Abstract:
CrestaCare is moving away from the provision of nursing care for the aged and toward specialist care such as brain-injury units and adolescent psychiatric problems. Specialist units are more likely to attract local government cash and there is not overcapacity in this field in the UK. Occupancy levels in the group's nursing homes for the aged are under 80%. The company's profit is forecast at 5.3 million pounds sterling for 1996 compared with 2.93 million pounds for 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Rapid progress
Article Abstract:
There has been strong growth at UK nursing homes operator Tamaris, but this is not reflected in the company's share price. It offers good prospects for investors, as it is in a strong position to benefit from the consolidation of the care homes sector. It is looking to expand abroad, and has already drawn up plans for a consultancy venture in the Far East. It is forecast to achieve pre-tax profit of 2.1 million pounds sterling in the year to Mar 1998.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Spoilt for choice. Let's talk about X. Everyone benefit
- Abstracts: The right to choose. The principles of put and call
- Abstracts: A disciplined business. Stick with the market you know best. Fitting options into your investment strategy
- Abstracts: Adviser faces legal action. The right place at the right time. Transport is the acid test
- Abstracts: Henderson Administration. Taking it to the limit. Pensioners gang up on Henderson