The hidden demographic time bomb?

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

|Aside from an ageing population, GLP director Ian Wilkie examines what might be the effect on the sector as more operators get a bit long in the tooth| Any commentator providing a brief history of the UK care home sector will generally follow a similar pattern ­ an increasing elderly population and availability of government funding leading to a proliferation of care homes being set up in the late 1970s and reaching a peak in the I 980s, the subsequent creation of a corporate market leading to the development of new purpose built homes through the mid-late 1980s and early 1990s, implementation of the Care in the Community Act in 1993 and devolving of responsibility for funding to local government, subsequent budgetary constraints leading to underfunding, implementation of the Care Standards Act 2000 and associated regulations, restricted development due to reduced returns and increasing land prices, the latter points combining to play a major part in the loss of 50,000 care beds in recent years, new opportu

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