Market report: corporate consolidation continues

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

Major providers of care homes are strengthening their hold on the care home sector, according to figures released by sector analysts Laing & Buisson. Their report says major providers now own or operate 212,000 of the 411,000 places in independent sector care homes for older people across the UK – a market share of 52% (compared with 49 per cent in 2006).

The top ten providers operate 97,000 places between them (24% market share), including market leader Southern Cross Healthcare with 8 per cent market share).

Of the top ten, seven are in the private sector – including BUPA Care Services, a for-profit division of a provident association, which is number two in the league table with a 5% market share. The other three are voluntary organisations, the largest of which is Anchor Trust with a 1 per cent market share.

The specialist care home sector, in contrast, has witnessed a slight decline in corporate activity overall, though some providers, notably the AIM listed Caretech Community

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