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Commercial Property

North East care home giant HC-One to close four homes and sell 52 in restructure

The Darlington business has 328 homes across the º£½ÇÊÓÆµ but is selling those in areas where local operators can better serve communities

James Tugendhat, CEO of HC-One(Image: HC-One)

North East care home company HC-One is putting 52 homes up for sale as part of a major restructure.

The Darlington-based business is also set to close four homes as part of its plans “to better meet the current and future care needs of the communities it serves”.

The firm’s CEO said the homes – 16% of its 328 strong portfolio with 14,000 residents – are in areas where it feels a local operator can better serve the needs of its residents, and that it will only strike a deal when it feels it has found the right business to take on those locations.

James Tugendhat, HC-One’s chief executive, said: “Our purpose, as The Kind Care Company, is to support those in our care to lead their best life, and serve at the heart of each of our communities.

“We strive to be the first choice for our families, our colleagues and our commissioners, and best meet the evolving care needs of the country, including the growing demand for more complex care and dementia care.

“As we plan how best to use our resources to continuously improve our care homes, we are determined to invest where we can have the greatest impact and more effectively ready ourselves for the evolving needs of those we care for.

“As a result, we are putting 52 of our homes up for sale in areas where we feel our communities would be better served by a local operator in conjunction with other local services. We are also proposing to close 4 homes. In both cases, we will work closely with our local partners and commissioners.

“Whilst we have chosen to make this announcement now, having determined our investment priorities, our sales and four closures will only happen when we are convinced that we have found the right alternative operator, and when residents are able to safely move to their new care placement, ensuring continuity of care throughout the pandemic.”