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Improving health for care providers.(Medical condition overview)
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Battered healthcare stocks have rebounded reflecting the strong fundamentals of the sector. Richard Hemming
Shares in Southern Cross Healthcare, Nestor Healthcare and Care UK have bounced recently, underlining the resilient nature of the residential and domiciliary care sectors.
Southern Cross's shares almost halved in the three months to late January due to abrupt senior management departures and earnings downgrades. But, a comforting first-quarter profit increase of 61 per cent signalled that the company's sale and lease back model is still working and has led to a 20 ...
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Southern Cross dispenses premium rise warning
Newspaper article from: The Press
; Southern Cross, New Zealand's biggest healthcare...expected in claims. The not-for-profit Southern Cross Medical Care Society yesterday reported...from $43.6m in the previous year. Southern Cross paid out about 78% of its premiums...
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Southern Cross healthy
Newspaper article from: The Press
; Healthcare group Southern Cross's past decision to almost double...premiums would rise by up to 15%. Southern Cross yesterday reported a $35m turnaround...increases of 1 to 15% next year, Southern Cross yesterday announced it will launch...
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SOUTHERN CROSS HEALTHCARE (SCHE).
Magazine article from: Investors Chronicle
; Southern Cross Healthcare made its debut on the main market in July this...is the UK's largest care-home provider but, unlike rival Care UK, it doesn't have a property portfolio, preferring instead...small operators, so there is plenty of room for expansion. Southern Cross has now set ...
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Southern Cross prepares to float on stock market
Newspaper article from: The Northern Echo
; ...emerged last night. Darlington-based Southern Cross, which employs 30,000 people across...Group for 85m. The flotation would make Southern Cross Darlington's second stock market-listed...company after van hire group Northgate. Southern Cross was taken over by US-based equity ...
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Southern Cross cleared
Newspaper article from: The Press
; ...has cleared a third application by Southern Cross Medical Care Society to acquire Aetna Health NZ . Southern Cross had been asked to address more than...Yesterday's approval was subject to Southern Cross divesting all of the medical insurance...
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 "The Journal (Newcastle, England)")
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Southern Cross has pounds 200m to splash out.(News)
Newspaper article from: The Journal (Newcastle, England)
; ...By Howard Walker Care homes operator Southern Cross is eyeing up acquisitions in Scotland...adding a total of 270 beds to the Southern Cross operation. The company, which raised...plans to halt the pace of expansion. Southern Cross has agreed a pounds 200m acquisition...
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Olive branch for Southern Cross veterans
Newspaper article from: Sunday Star-Times
; Garry Sheeran SOUTHERN Cross Healthcare will introduce loyalty...members will kick in this month but Southern Cross chief operating officer Mike Ashby...a very big operation." Instead Southern Cross will this year ensure its Sure...
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Southern Cross loses $41m
Newspaper article from: The Press
; After a turbulent year, Southern Cross Medical Care Society yesterday posted a $41...would be righted in the next financial year. Southern Cross, which comprises parent Southern Cross Medical Care Society and its recently purchased...
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A (Southern) cross to bear
Newspaper article from: The Press
; ...over the organisation's future. But Southern Cross has assured the Government and its...in New Zealand. The latest saga for Southern Cross marks what had been a relatively trouble...dogged the group. The fall-out for Southern Cross since the IT disaster has been significant...
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UniMed gains from Southern Cross' woes
Newspaper article from: The Press
; ...unpopular premiums rejig by Southern Cross Health Care for its record...competition in the sector and after Southern Cross' woes. "There's no doubt that...benefited from unrest caused by Southern Cross' recent rebalancing in premiums...
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