A quarter of Northamptonshire care homes close to going out of business

A quarter of Northamptonshire care homes close to going out of business

May 5, 2016


Northampton Chronicle & Echo reporter, Nick Spoors writes on the financial crisis facing the care home sector in Northamptonshire, quoting Opus research and comments by our Business Risk Adviser, Nick Hood.

“The care home sector is caught in a ‘pernicious profit pincer’, squeezed between Government austerity cuts limiting its income, and relentless upward cost pressures from rising labour costs and care quality improvement demands.”

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