Major players’ market share continues to grow

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

Major players in the residential homes industry are taking an ever larger share of the market, according to the recently published Plimsoll Portfolio Analysis: Residential Homes, 1st Edition 2000. Plimsoll Publishing managing director Don Turkington said he believes there will be further consolidation of the major players, if only because 32 of the players are currently loss making, with 91 showing signs of future difficulties. Mr Turkington said residential care was becoming a game of monopoly with an elite band competing for pieces of the industry. “For other companies, staying in the game is going to prove difficult,” he said. “Only 10 companies providing long term care have kept their same sales ranking from last year, 32 have moved up and 52 have fallen down. If, like the game, there are only so many properties or companies, a strategy to keep your place at the table is vital.” #Plimsoll Portfolio Analysis: Residential Homes, 1st Edition 2000, price £499, can be ordered by calling Jennifer Ovington on 0

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