Struggling NHS provides care opportunities, says KPMG

NHS funding

Providing support for the NHS’s struggling services should be seen as a potential opportunity for care home providers, KPMG has said.

Speaking at the recent Care England conference, Steven Bunn, a director at KPMG, said care home providers can prosper away from the private pay market if they align their services to the changing market.

Steven said: “If you can be that last man standing and be the person that’s there when the supply is taken out and if you’ve got bargaining power with the local authority it’s a good place to be.”

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The KPMG director stressed the increasing role care homes are likely to have as pressure on NHS beds mounts.

“People are slowly realising that, and making sure you’re in a position to do that and your local area is very important. It won’t be a panacea; it’s very much getting a relationship with Trusts and talking with them about where they can save money,” Steven added.

He concluded: “The King’s Fund estimated that the NHS spends over £800m a year looking after elderly people in hospitals that shouldn’t be there – so it gives you an idea of the opportunity that’s there.”

Self-paid currently accounts for roughly 45% of the market and is predicted to rise as the NHS looks to outsource. Steven noted that training and up-skilling staff makes care home businesses attractive to the NHS.

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