Wednesday, 13 November 2019

Plugging the leaks in the UK care home industry: strategies for solving the financial crisis in the residential and nursing home sector

Plugging the leaks in the UK care home industry: strategies for solving the financial crisis in the residential and nursing home sector This report identifies where each pound that goes into the care home industry ends up by using a forensic study of the accounts of over 830 adult care home companies, including the 26 largest providers. If finds significant levels of leakage of money from front-line care, including to profit, rental bills and debt repayments. The companies examined have a combined income of £10.4bn, representing 68 per cent of the total estimated market value for independent providers in 2017. Centre for Health and the Public Interest

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