Partner Article
Vida Healthcare announces dementia care homes expansion
Two new specialist dementia care homes are being planned by a North Yorkshire business following the success of its first £5m venture, launched with support from Yorkshire Bank.
The two new homes, both for the Yorkshire region, are currently at the planning phase for Harrogate-based Vida Healthcare.
Vida launched its first venture last year with financial backing from Yorkshire Bank’s Business and Private Banking Centre in York.
News of the proposed homes by Vida Healthcare, run by father-and-son team, Chris and James Rycroft, is part of a strategy to create five homes with a total of 500 places.
Last year the company opened the 70-bed Vida Hall, Starbeck, Harrogate, which created 70 new jobs.
James Rycroft, Vida Healthcare managing director, said: “The performance of Vida Hall in terms of meeting demand and the delighted reaction from families, has re-affirmed our belief that we are offering a genuinely new and exciting approach in caring for older people.
“The aging demographics of our society mean that dementia care will become a growing part of the UK’s healthcare provision.
“We’re delighted to announce that we plan more homes and are looking to continue our partnership with Yorkshire Bank in achieving this.”
Yorkshire Bank commercial banking relationship manager, Brian De Vere,, said: “Like other countries, the UK needs to accelerate the development of these facilities as improvements in healthcare move us towards an era when those over 60 are the dominant sector in our society.
“Yorkshire Bank has significant national expertise in this sector. Vida Healthcare has an innovative and first-class approach and we look forward to supporting them as they extend their care home network.”
This was posted in Bdaily's Members' News section by Mark Lane .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs