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Large care home group Four Seasons Health Care goes into administration

One of Britain’s largest care home groups, Four Seasons Health Care, has gone into administration.

Two of the holding companies behind the firm appointed administrators on Tuesday after struggling to repay their debts.

The group serves about 17,000 residents and patients and employs some 20,000 staff.

Four Seasons said the move would not affect care arrangements or lead to the closure of homes.

Group medical director Dr Claire Royston commented: “Today’s news does not change the way we operate or how our homes are run or prompt any change for residents, families, employees and indeed suppliers.

“It marks the latest stage in the group’s restructuring process and allows us to move ahead with an orderly, independent sales process.”

It is the biggest care home group to have gone into administration since Southern Cross in 2011.

Read more at the BBC.

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