Analyst says efficiency is crucial to success


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

The new economy of the residential and nursing home sector will be driven by efficiency, according to the latest publication from Plimsoll, the Plimsoll Portfolio Analysis: Residential Homes, Second Edition 2000. Plimsoll provides a ranking of the most efficient UK residential and nursing homes companies. Analysing 914 companies, the highest scoring top 50 are driving the industry forward in efficiencies scoring 4 times the industry average. These companies have created “lean” businesses with the most efficient use of capital. Southern Cross Healthcare Services Ltd was named as one of the most efficient companies in the Residential Homes industry. Plimsoll analysed companies on how effectively they could turn their assets into sales and profits. Based on a combined measure of the return of sales and profits on total investment, the companies with the leanest assets and best profits scored the highest. Plimsoll found that the variation in the size of companies within their top 50 listing was immense. One of th





Comments are closed.


Latest blog posts

Care homes discounted in end of life care

By Caring Times editor GEOFF HODGSON

I am sure that we all want those who we care for to experience ‘a good death’ when the time...

Perhaps I’m ‘app’athetic

By Caring Times editor GEOFF HODGSON

I’ve got an app in my toolbox that allows me to bang-in nails – I call it a hammer. I’ve...

Fond memories of long distance discomfort

By Caring Times editor GEOFF HODGSON

The Ford Anglia, the earliest models of which were built in 1939, was a great car for a small family;...