Laing & Buisson to publish care home financials

clock

Laing & Buisson has updated its directory of long-term care facilities with financial information, following the Department of Health announcement that the Care Quality Commission will now oversee financial stability of the largest care homes.

Laing's Directories - Long Term Care Providers, in its 25th edition, will include a financial directory with "extensive" accounts breakdowns for providers with annual turnover in excess of £5m.

The directory, based on L&B's most recent survey of provider organisations with three or more care homes, contains listings for 550 providers of residential and nursing care for older people and younger adults.

The intelligence provider said the additional content will aim to be an essential part of the ‘early warning' schematics that the government intends to have in place following the collapse of Southern Cross Healthcare in 2011.

The directory also includes a top 20 of providers working in both the older people and younger physical disability care sector and those operating in the learning disability and mental illness sector.

Justin Merritt, director at Laing & Buisson, said: "With the addition of this financial information the directory takes a step up as a resource when it comes to making the right decisions about which companies are the most stable bets for long term care."

Care and support minister Norman Lamb announced earlier in May that early-warning financial checks on care providers would be undertaken in an aim to protect care users.

Author spotlight

Nicola Culley

More on Marketing

Financial Services Forum: Protection in a post-pandemic era

Financial Services Forum: Protection in a post-pandemic era

Watch the full webinar

COVER
clock 20 November 2020 •
Adam Saville, editor, COVER

COVER editor Adam Saville to chair protection panel discussion

On Thursday 19 November

COVER
clock 17 November 2020 •
Mutual insurer Royal London joins forces with British photographer Rankin to tackle the taboos around death with a new digital exhibition Lost for Words, available to view from today - 16th November at https://lostforwords.royallondon.com/

Royal London and Rankin tackle taboo surrounding death

‘What if “the conversation” wasn’t so difficult?’

Adam Saville
clock 16 November 2020 •

Highlights

COVER Excellence Awards 2021: All the winners revealed!

COVER Excellence Awards 2021: All the winners revealed!

Leading With Distinction

COVER
clock 03 November 2021 • 2 min read
COVER Excellence Awards 2021: The Night in Pictures

COVER Excellence Awards 2021: The Night in Pictures

A photo gallery from COVER Excellence Awards 2021, held at The Brewery, London, on 2 November.

COVER
clock 03 November 2021 • 1 min read
Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

'The key to supporting menopausal women is creating a culture in which conversations are welcomed and expected'

Gosia Bowling
clock 02 November 2021 • 6 min read