The care home market continues to grow as our population ages. Each year sees consecutive growth in the number of people needing specialist healthcare and limited funding means care home operators are increasingly struggling to absorb costs. Profit margins are tight and the scrutiny on fee rates means operators need to look at new ways of building comfortable residences that can be adapted in a wide variety of ways.
Local governments are facing increasing pressure to house their elderly populations and using a system such as P3® drastically reduces many of the time and money costs that go into building these projects.
The Channel Islands need to act now to accommodate our ageing populations.