Big shortfalls in the Care Home sector – Lucrative Investment Opportunity

Care homes face ‘huge shortfall’ in available beds.

Up to 3,000 elderly people will not be able to get beds in UK care homes by the end of next year, research suggests.

Research commissioned by BBC Radio 4’s You and Yours programme reveals a huge shortfall in the number of beds available.

Increasing demand from an ageing population could see that grow to more than 70,000 beds in nine years’ time.

The Department of Health said local authorities in England had been given an extra £2bn to help fund social care.

But in the past three years one in 20 UK care home beds has closed, and research suggests not enough are being added to fill the gap.

Read full report here: http://www.bbc.com/news/uk-40791919

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