BUPA looks to hopeful signs in the NHS Plan

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

The UK¹s biggest independent provider of long term care for older people, BUPA Care Services sees in the NHS Plan released eight months ago, a hint of a silver lining around the funding cloud which has precipitated the closure of thousands of care homes and widespread bed shortages. Speaking at a conference organised by Care Choices Ltd, BUPA Care Services marketing director Dean Cowley pointed out that, although an independent operator, BUPA had no shareholders and reinvested profits into the services it provides. He said the company had invested more than £500 million in building long term care facilities. “While we are managing to outperform the sector in terms of average occupancy and fees, the collapse of profitability in the sector is a disappointment. We are realising a wholly unnacceptable return on our investment,” Mr Cowley said. “We are constrained by the power of those who purchase our services ­ the local authorities, and by central government which is trying to prevent admissions to long term

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