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Loss-making care home firm HC-One, pays £1 8m dividend

HC-One, which cares for more than 14,000 residents ramped up its average weekly fees by £22 to £792 in the year to September 2021.

Loss-making care home firm HC-One, pays £1 8m dividend

Loss-making care home firm HC-One, pays £1 8m dividend
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Global tech investor Court Cavendish snaps up Ben Kent as Special Advisor

/PRNewswire/ Court Cavendish, the global technology investor and former healthcare turnaround specialist, has today announced the appointment of Ben Kent as.

Care home giant HC-One hikes fees for residents while owners cash in

Britain s biggest care home operator has hiked fees for residents in the pandemic while funnelling cash to its super-rich owners, experts have claimed. Private equity-owned HC-One has been accused of using loans and a complex web of offshore structures to ‘extract cash’ and reduce its tax bill. Newly published accounts reveal the company, which has 8,000 residents in 170 care homes, increased fees to residents and councils by an inflation-busting 3.6 per cent. Raising fees: HC-One, founded by Labour donor Chai Patel (pictured) has been accused of using loans and a complex web of offshore structures to extract cash and reduce its tax bill

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