Bright future cast for care villages

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

One of the most interesting questions facing the long term care sector is the roles that assisted living, care villages, and extracare are going to play within the sector, said Paul Moran, head of healthcare at Bank of Ireland, when opening a recent seminar hosted by the bank, one of the leading banks committed to this particular part of the care spectrum. Most people feel instinctively that they are a “good thing” but at the same time there are considerable planning, financial and social issues to overcome if these forms of care are ever to make up a significant part of the care offered to elderly people. Mr Moran said he saw assisted living (ie assistance for elderly people living in their own homes in care villages) becoming the dominant form of care in the future. He accepted that there have been negatives, most notably time delays with the planning process and cost over-runs. The purchasing process has also offered challenges: the process is often extended, there may be significant seasonality and th

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