Lack of funding and increasing costs top small and medium sized care home operators’ concerns, a survey has found.
In National Care Association’s #letsbeheard survey of 130 businesses, 69% said lack of local authority funding was a significant risk to their future.
A third of respondents said increases in the National Living Wage and pension contributions had caused a substantial increase in their wage bills.
A further 14% of respondents expressed concern about a rise in the general running costs of their business, including training, tax, equipment and fuel bills, as well as costs related to changing regulations and associated fees.
The vast majority (96%) said the cost of their care provision had grown in the last three years.
More than 58% stressed their concerns over recruitment and retention, and the availability of staff at affordable rates, along with the costs of training and an increasing wage bill.
Almost three-quarters (74%) of respondents said they struggled with recruitment.
Almost a third (30%) said they were troubled by the impact of the CQC regulations on their business in terms of red tape, raised expectations, the associated cost of remaining compliant and the rising cost of CQC fees.
Form filling and documentation required in order to comply with the CQC was also highlighted in a number of responses as a worrying issue.