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24
Mar

Care home funding crisis looms


GMB, the union for care home staff, has supported the warning from Britain's biggest providers of care homes for the elderly that cuts to public funding for residents are "unsustainable" and that more homes will close unless the situation improves.

Justin Bowden, GMB National Officer for social care, says: “GMB supports the warning from Four Seasons, Bupa and HC-One, the three largest operators in the UK's £24bn care home market, that the system is in crisis.


“The repeated warnings from GMB that Southern Cross would collapse were ignored again and again by government. Warnings that the entire care sector is in a slow motion collapse, albeit for different reasons to Southern Cross, are falling on the same deaf ears. If we are not prepared to learn the lessons of history, we are destined to repeat them."

 

A report in the Financial Times quotes charity, Age UK, as saying government spending on care homes for the elderly fell by nearly a fifth between 2010 and 2014. The Financial Times further goes on to quote  Ian Smith, Chairman of Four Seasons Health Care, which is Britain’s biggest provider, as predicting a shortfall in care home beds over the next decade of tens of thousands – at least – due to a combination of rising demand and beds lost as homes are forced to close.

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