According to an article in the Independent NHP/HC-One, owner of 236 ex Southern Cross care homes in the UK, has debts of £1.8bn and a parent company that is based in the Cayman Islands.
The article calls for greater transparency in the finances of the private companies that provide care in the UK.
Full article http://www.independent.co.uk/news/uk/home-news/who-owns-the-care-homes--and-why-are-they-so-in-debt-8281273.html
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