Wednesday 2 November 2016

One in four care home beds at risk without funding increase, providers say

One in four care home beds at risk without funding increase, providers say Care home companies pressing health department for bailout of sector in chancellor’s autumn statement

As many as 100,000 care home beds – one in four of the total – in England will be at risk of closure unless the government bails out the social care sector in the chancellor’s autumn statement this month, leading care sector companies have told the Department of Health.

Half of all care homes are losing money because fees paid by local councils for state-funded residents have fallen below break-even levels, the companies say. Continue reading... The Guardian

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