England’s care regulator has warned that one of the country’s largest home care providers, private equity-owned Allied Healthcare, could stop operating at the end of the month.
The Care Quality Commission (CQC) has written to 84 local authorities telling them as many as 9,300 elderly and vulnerable people are at risk of losing their home care services after 30 November. The CQC has written to the local authorities across England telling them there is a “credible risk” that Allied may have to cease services when a loan payment becomes due at the end of the month.
Allied, the largest provider of domiciliary care in the UK, is owned by German private equity investor Aurelius. About 13,000 people receive care from Allied across the UK, including Wales and Scotland. Allied is also a major provider to the National Health Service.
Full story in The Guardian, 5 November 2018