130 years… and now closing

Posted on May 1st, by editor in Caring Times. No Comments

A Staffordshire nursing home, in operation for 130 years, will close due to financial insolvency and the cost of meeting new regulatory standards. Stamer House nursing home in Penkhull has finally lost its battle to stay open. At one time residents¹ families formed their own rescue team to raise cash to keep the home going. The home, operated by a non-profit making charitable trust, had been operating at an annual loss of £20,000 to £25,000 over the past four years. Management committee chairman Robert Heath said the committee had been left with no choice but to close Stamer House. “We were only managing to survive by drawing on reserves built up from donations and surpluses accumulated over the past 130 years, but that money is now running out,” Mr Heath said. “We needed more funding from social services and without it we simply don¹t have enough to carry on for another year. We can only hope that our closure will highlight the grave financial situation faced by other residential and nursing homes and pr

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