Clarification re Media Comment (2550I)
10 Junio 2011 - 8:08AM
UK Regulatory
TIDMSCHE
RNS Number : 2550I
Southern Cross Healthcare Grp PLC
10 June 2011
Friday 10 June 2011
Southern Cross Healthcare Group PLC
('Southern Cross', 'the Company' or 'the Group')
Clarification re Media Comment
Southern Cross, the UK's largest care home operator, wishes to
make clear that there have been no decisions taken regarding the
closure of any of its care homes. The Company remains in
discussions with its landlords and banks to ensure the continuity
of care for all residents.
As both the Company and the Government have stated this week, no
residents will find themselves homeless or without care; everyone
involved in the restructuring process is, and remains, committed to
the continuity of quality care for all of our 31,000 residents.
Christopher Fisher, Chairman of Southern Cross, said:
"No decision has been taken to close any of our homes. We
recognise that the current situation and continued media
speculation will have caused concern to residents in Southern Cross
care homes, and their relatives, and we apologise for this. Our
primary concern in this matter remains the welfare of the residents
living in our homes. The financial restructuring will not affect
the provision of quality care in any of our homes."
Enquiries:
Southern Cross Healthcare Group
PLC +44 (0)1483 757 696
Amy Kroviak, Director of Communications
Financial Dynamics +44 (0)20 7831 3113
John Waples/ Ben Brewerton
About Southern Cross
Southern Cross is, in terms of number of beds, the largest UK
provider of care home services for the elderly and a major provider
of specialist services for people with physical and/or learning
disabilities. The Group's care homes for the elderly operate under
two distinct brands: Southern Cross Healthcare and Ashbourne Senior
Living. Both brands provide a range of social and personal care
services and nursing care services for elderly people with physical
frailties and differing forms of dementia. The Group's specialist
services operate under the Active Care Partnerships brand and
provide long-term care services for people with physical and/or
learning disabilities and for younger people with complex forms of
challenging behaviour.
Southern Cross is focused on providing high quality care in well
invested facilities, seeking to be the home of choice in each local
community in which it operates. The Group provides care services
for most of the local authorities in the UK which, together with
the NHS, represent circa 78% of the Group's revenues. Its care home
portfolio is largely purpose-built with a high percentage of single
occupancy rooms and rooms with ensuite bathrooms.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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