Trinity chief highlights increased dependency

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

|By Geoff Hodgson| Despite increasing profits and a growth in turnover of 25% in the last 12 months, Trinity Care is less than sanguine about long term care funding and is counting its blessings quietly. These blessings include 24 care homes and 1,364 beds in operation with 94% occupancy in mature homes. Operating margins had fallen but pre-tax profit was slightly up on last year, arising out of profits made on sale and leaseback deals. In reviewing his company’s performance, Trinity Care chief executive David Henderson described the year to March 31, 2000 as “the most difficult trading year since the company was formed 12 years ago”. Mr Henderson identified underfunding and staff shortages as significant problems but focused particularly on what he said had been a marked increase in the level of dependency of new residents. “This has meant additional pressure on our staff and a greater turnover in occupancy,” Mr Henderson said. “However, the local authority purchasers of care take no account of these matters

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