Care home operators may have to prove their financial stability as part of a CQC inspection, if plans suggested by the organisation’s chief inspector of hospitals, Sir Mike Richards, go ahead.
In May, Labour peer Lord Carter of Coles, part of a team looking into operational efficiency in healthcare, raised the prospect that a sixth question could be added to CQC’s rating system that evaluates whether a service is safe, effective, caring, responsive and well-led.
The financial question would look at how resilient the commercial position of a service is.
Speaking at this week’s Health+Care show in London, Sir Mike Richards said CQC would only move forward with the idea it could be implemented to the same high standards as the five other criteria.
However, he added, that the finances of an operator could be looked at as part of the inspection into whether a care home is well-led.
This policy is being developed this year with a view to rolling it out from 2017, he revealed, although it was not clear whether he was referring to care homes as well as primary care.
Mr Richards did say the financial security of health and social care providers is critical to good care outcomes. “These two are not independent,” he said.