Christie & Co reviews a year of change

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

The year 2002 was a time of significant and positive change for the care sector with a gradual increase in baseline fee levels and a 3.1 per cent rise in property values said surveyors, values and agents Christie & Co in their annual Business Review. This review is valuable because not only does it provide a factual basis for opinion on the sector, but each year it also places the sector¹s development within the context of each other closely related sectors such as hotels, pubs and restaurants. The review said 2002 was notable for a number of positive developments, not least of which was the gradual increase in baseline fee levels. The review noted that the loss of 13,000 places during the year had contributed to this increase. Another notable development included the Bettercare ruling which concluded that the purchase of nursing and residential places from the independent sector was a business transaction and therefore subject to competition law. Also important was the massive climb-down by the Government i

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