Covid-19 is having a significant impact on the financial sustainability of the UK care home sector, which had already been under considerable pressure before the pandemic. We need to understand how changes to revenue, costs, and government support have affected care to date and what this means for the future of welfare and working arrangements.
‘Understanding the financial impact of Covid-19 on the UK care home sector - implications for businesses and the workforce (FICCH)’ is a research project assessing the severity of financial risk, its geographical spread, and how it varies across different types of care homes, through analysis of corporate accounts. The project is also investigating responses by employers, policymakers and providers, and the impacts on staff and quality of care, through a survey and in-depth interviews. It is led by academics from Warwick Business School and University College London , and realised in collaboration with the Centre for Health and Public Interest, the National Care Forum and UNISON. The study is funded by the Economic and Social Research Council Covid scheme.
We provide evidence-based recommendations for policy makers, care providers and other stakeholders through reports, briefs, webinars and academic outputs.