The sector faces mounting financial risks that could jeopardise operations and, ultimately, impact patient safety.
Setting the scene – rising demand and sector pressures
According to the Office for National Statistics (ONS), the UK population is expected to reach 70 million by mid-2026, with the number of people aged 85 and over projected to rise by one million over the next 15 years. This demographic shift will place significant pressure on care homes, increasing demand for quality services and further stretching already limited resources.
Further, whilst we expand more on the reasons below, the care home sector is facing significant increased costs and financial pressure. Care England reports “Recent findings highlight a growing…
