With ONS figures suggesting that 8% of men and 14% of women who are aged 65 today will live to 100, it’s clear that a telegram from the Queen is no longer quite the novelty it once was. An aging population brings with it an increased need for specialist accommodation, including residential and nursing care. The result is a £6bn – and growing residential nursing care industry.
A depressing stream of scandals serves as a constant reminder of what happens when care homes fail to take their responsibilities seriously. So do the challenges associated with this sector make it a no-go area for outsiders? Is it really possible to deliver an excellent service, achieve an attractive ROI and keep on top of red tape? Below we take a look at what’s involved in running a care home.