This blog covers the latest UK health care news, publications, policy announcements, events and information focused on the NHS, as well as the latest media stories and local news coverage of the NHS Trusts in Northamptonshire.
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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