Future is bright for homecare providers

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

Homecare, has burgeoned into a multi billion industry over the past decade. It is a sector that has played and continues to play a role in my professional and personal life. I have spent considerable time helping homecare organisations find working capital financing solutions and my wife is managing director of the homecare business she founded in 2003. “The contribution of the homecare sector cannot be underestimated when current social care policy demands greater service user choice” – these are the words of the UKHCA (United Kingdom Home Care Association) in their written evidence in June this year following publication of the Government’s White Paper Our Health, Our Care, Our Say which seeks to join up health and social care provision. *Creating the opportunity for private sector provision* Homecare is sometimes referred to as Domiciliary care and in company reports is sometimes found under the heading community services or social care. The Community Care Reforms of 1993 were promulgated to ensure

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