Care Home Finance Deadline Extended

摘要

Councils and the Government are watching to see if a care home chain, with debts totalling ￡1.5bn, is able to restructure its finances. The Four Seasons Health Care group, which has a raft of local authority contracts, has told the City it has been given an extended deadline of 22 July to restructure its finances. Its existing agreement expired on 22 January. The group manages more than 400 care homes and provides care to around 21,000 people across the full spectrum of services, from older people to children, and people with mental health problems.