Lunn looks at long term care in America

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

Christie & Co directors Richard Lunn and David Beecham recently visited the USA to attend the annual National Investment Centre annual healthcare conference in Washington DC. The pair joined more than 1000 delegates from throughout the USA and several other countries including Australia and Canada to hear the latest on the American healthcare industry trends and issues. Operators and developers come together once a year to swap data, ideas and meet bankers and financiers in the industry. “What struck me initially was the sheer size of the American market for care,” said Mr Lunn. “In the UK the number of elderly people needing care peaks in 2035 at circa 3.5 million. In the US, by 2010 they will have an elderly population of 45 million, who will be the largest asset owning element of the US population. “The American culture of being open about costs of development, profit margins, occupancy rates and other company statistics, most of which are collated by the NIC, enable greater transparency within the industr

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