Award winning complex care provider, Cornerstone Healthcare, has been named as the top-performing provider of advanced neuro-behavioural care in a market report.
Specialist Care Fast 50, produced by global investment banking and asset management company, Alantra, ranks the fastest-growing specialist care businesses in the UK.
Cornerstone Healthcare, which has two homes in Hampshire for people with challenging behaviours associated with complex neurological and mental health needs, and will open a third in Surrey in the New Year, was also ranked sixth overall in the report.
In the last two years, Cornerstone’s compound annual revenue grew by more than 36%. Alantra recognised Cornerstone’s contribution to this chronically underserved area of the specialist care market. An estimated 15,000 people in England need the specialist care they offer yet provision only extends to around 5,000 beds.
“This is the dynamic now driving Cornerstone’s rapid growth,” the report stated. It also highlighted increased investment in staff as being another factor in the group’s strong performance.
“We’re proud to see that our dedication to this sector has been recognised,” said Cornerstone CEO, Johann van Zyl. “We’ve become an employer of choice in our area of specialist care and we’ve also worked hard to update commissioners nationwide on what level of acuity our services can handle.
“The Alantra report is very timeous. The longevity of niche specialist care operators was highlighted during the height of the Covid-pandemic and investors, banks and business valuators are looking at us differently.”
The group was recently named ‘Complex Care Provider of the Year’ in the Health Investor awards and is planning to open additional homes in Somerset in 2022 and in Bristol in 2023.
“Too many people are struggling in inappropriate placements,” added Johann. “There is growing demand for the care that we offer and our expansion plans aim to meet as much of that need as possible.”