Home Care

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Home care, (also referred to as domiciliary care, social care, live-in care or in-home care), is supportive care provided in the home. Care may be provided by licensed healthcare professionals who provide medical care needs, or by professional caregivers who provide daily care to help to ensure the activities of daily living are met. In-home medical care is more often called "home health care" or "formal care".
The term "home health care" is used to distinguish it from "non-medical care", "custodial care", or "private-duty care" which is care that is provided by persons who are not nurses, doctors, or other licensed medical personnel.

Home Care is an increasingly privatised service, run for a profit. In the early 1990s, 5% of home care was provided by private companies; in 2016, it was over 80%. Since 2006, the biggest five home care companies by revenue – Allied Heathcare, Mears, City & County Healthcare, Sevacare and Carewatch – have bought out smaller rivals and grown rapidly. Only Sevacare remains a family-owned business; the rest have been bought by investors from around the world including city financiers, corporations, banks, pension funds, shipping and pharmaceutical heirs, and a surfeit of Tory donors – all anticipating future profits from the care of an ever-ageing population. Some of the investments have been made through tax havens. £millions are paid to shareholders, while the quality of care suffers, and the care workers remain underpaid.[1]

Companies

United Health

Based in Lincoln and serving people across the East Midlands.
  • United Health Group Ltd, CH
    • United Health Ltd, CH
      • Manor Homes (Yorkshire Ltd), property development
      • Barford Children's Services Ltd, education and social care
      • United Children's Services Ltd, non-trading
      • Barford Care Holdings Ltd + Barford Park House Ltd, dissolved 2017
      • Creative Care & Therapy Ltd, holdco

Allied Healthcare

Allied Healthcare was founded in Staffordshire in 1972, and grew to become one of the UK’s biggest home care providers. It had contracts with ~93% of local authorities to provide care to people in their homes, as well as some primary care services for NHS trusts.
Timeline
  • ... ... todo at the same time as Saga is done. See Talk page.
  • Dec.2015: Aurelius AG, a German private equity firm, purchased Allied Healthcare from the PE consortium. (see ToDo)
  • Jan.2015: Allied Healthcare had limped to profit only once, hit by govt cuts. The disgrunted PE consortium wrote it down to zero, and put it on the auction block.
  • Nov.2011: Acromas merged Allied Healthcare with Nestor Healthcare.
  • Oct.2011: Allied Healthcare Group Holdings Ltd was acquired.[2]
  • Feb.2011: Nestor Healthcare Group plc was purchased by Acromas Holdings Ltd, Saga's private equity consortium holdco.[3][4]
  • May.2007: Acromas Holdings Ltd was formed by private equity firms Charterhouse Capital Partners LLP, CVC Capital Partners and Permira Advisers LLP as a holdco for Saga and the Automobile Association.
  • ... see About us: HistoryArchive-org-sm.svg
  • 1972: Founded in Staffordshire.
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ToDo †{{{1}}}

Affiliated Organisations

References

  1. ^ The Home Care business. Corporate Watch, Dec.03.2016.
  2. ^ Annual Report & Financial Statements. Acromas Holdings Ltd, Jan.31.2012. Original archived on Jul.02.2013.
  3. ^ Saga to buy Nestor Healthcare for £124m. Saga, the over-50s travel and insurance specialist, has finally agreed a deal to buy Nestor Healthcare for £124m. Helia Ebrahimi, The Telegraph, Dec.07.2010.
  4. ^ Annual Report & Financial Statements. Acromas Holdings Ltd, Jan.31.2011. Original archived on Sept.03.2011.