Stakeholders have given their response to the CMA’s care home market study findings.
The CMA found a £1bn shortfall in the funding of care homes and issued a number of recommendations to encourage best practice and improve transparency (see BREAKING NEWS: CMA finds £1bn care funding shortfall).
Care England CEO, Martin Green, said: “The CMA report raises some issues for care providers and I am sure that they will respond to them in a considered and reasonable way.
“The report has identified that local authorities are underfunding care by 40% and as a sector, we will respond to the recommendations that are applicable to us, and expect local and national government to do the same.”
Andrea Sutcliffe, Chief Inspector of Adult Social Care at the Care Quality Commission, broadly welcomed the CMA’s scrutiny of the sector and pledged to work with Department of Health and the CMA to determine how they may be taken forward.
A Department of Health spokesperson added: “We know the social care sector is under pressure due to our growing ageing population – that’s why we’ve given £2bn additional funding over the next three years and next summer we will publish plans to reform social care to ensure it is sustainable for the future.
“The Secretary of State has asked the CQC to report regularly on their assessment of the financial stability of the largest and most difficult to replace providers of adult social care.”
Cllr Izzi Seccombe, Chairman of the Local Government Association’s Community Wellbeing Board, said the findings illustrated the “stark reality and the urgent need for genuinely new funding and long-term reform of the sector”.
Caroline Abrahams, Charity Director at Age UK said the CMA had highlighted that some care home operators were “unfair and exploitative of older people and their families” and welcomed its commitment to enforcement action against unscrupulous providers.