The UK's largest care home provider, Four Seasons Health Care group has posted its Q2 2016 results that show revenue of £13.6m, which is £4.4m higher than Q1 2016, and £3.4m higher than Q2 2015.
The Terra Firma-backed group saw a 2.6% like-for-like increase in overall occupancy (Four Seasons Health Care rose by 2.8%, brighterkind by 0.6%, and THG by 4.0%) and 0.8% increase compared to Q1 2016.
During the period, the Average Weekly Fee of £746 was 6.3% higher than the comparative quarter in 2015 (Four Seasons Health Care: 5.2%; brighterkind: 9.2%; THG: 7.7%).
Four Seasons, which cares for 18,500 elderly people and has 31,000 staff, owns roughly 55% of its 440 sites, with the rest rented from a landlord.
The company's care homes offer a range of different types of care, such as nursing, residential, intermediate, and specialist dementia care.