Care home providers push for help as fear of closures mount
May 8, 2016
Opus research and comments quoted and attributed by reporter Gill Plimmer in the Financial Times.
Research by the insolvency agency Opus for BBC Radio 4’s You and Yours said last week that more than a quarter of care homes were in danger of going bust in the next three years. It said that about 13 per cent of operators were “zombie operators” that pay more in interest and servicing debt than they earn in profits….