David Rowland publishes in LSE Politics and Policy
CHPI Director and FICCH team member Rowland wrote:
"Our analysis of the potential financial impact of the pandemic modelled a 5% increase in costs and a 5% decrease in revenue on the financial health of the care home sector. Under this scenario, without the billions of pounds in financial assistance – which the government ultimately provided during the pandemic – the number of beds operated by companies at risk of financial collapse would increase to 239,000 or around 60% of the total care home beds in the UK. A 40% decrease in revenue would therefore be totally unsustainable."
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