Saturday 5th July 2008
moneyweek.com
MoneyWeek logo

The most important financial stories, and how to profit from them

Skip to navigationSkip navigation
Southern Cross opens three more care centres

Southern Cross opens three more care centres

16.05.2008

This genius investor does dizzying levels of research to uncover...Half Price Shares!

The UK’s largest private healthcare services provider, Southern Cross Healthcare, has opened three new residential care facilities.

The Tor-na-Dee care centre in Aberdeen is a purpose-built home providing care for 74 frail elderly residents, with the capability to house and treat dementia sufferers. It has a separate 16-bed specialist unit for the care and rehabilitation of patients suffering from brain injury.

Southern Cross has also acquired a 32 bed specialist care village in the Newcastle area, providing specialist care to individuals on the Autistic Spectrum and with Asperger's Syndrome.

(Article continues below)

Advertisement

The group has opened a new 54 bed care centre in Dungannon, Northern Ireland, offering care for the elderly and dementia sufferers.

“These three new openings reflect Southern Cross's strategy of growing our business through a combination of developing new facilities in conjunction with acquiring existing homes,” said John Murphy, group managing director of Southern Cross.

“Demand for care services remains strong across the UK and Southern Cross is increasingly well positioned to meet this growing demand.,” Murphy added.



FREE! For all our latest advice on making profitable investments, claim your 3-week FREE trial of the MoneyWeek website and magazine now.
Free! Our daily email
Free Daily Email sign up
Money Morning is the FREE daily email from MoneyWeek – a punchy round-up of the latest investment news and profit opportunities. DON’T MISS IT!
New to MoneyWeek? Editor Merryn Somerset Webb explains what we do

 

FTSE 100 - 05 Jul 08