Analyst says efficiency is crucial to success

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

The new economy of the residential and nursing home sector will be driven by efficiency, according to the latest publication from Plimsoll, the Plimsoll Portfolio Analysis: Residential Homes, Second Edition 2000. Plimsoll provides a ranking of the most efficient UK residential and nursing homes companies. Analysing 914 companies, the highest scoring top 50 are driving the industry forward in efficiencies scoring 4 times the industry average. These companies have created “lean” businesses with the most efficient use of capital. Southern Cross Healthcare Services Ltd was named as one of the most efficient companies in the Residential Homes industry. Plimsoll analysed companies on how effectively they could turn their assets into sales and profits. Based on a combined measure of the return of sales and profits on total investment, the companies with the leanest assets and best profits scored the highest. Plimsoll found that the variation in the size of companies within their top 50 listing was immense. One of th

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