At the Care Homes and Retirement Living Conference held in London on 26 November, Amanda Nurse presented some of Carterwood’s latest data and analysis. The research was focused around care home fees, and Amanda provided insight into the proportion of planned care homes that go on to be developed, and how the care home model has changed over the last few years.
As a conclusion, Amanda presented a selection of statistics that she believes would offer our clients the best chance of achieving board approval. These have been outlined below:
- 69.7% of markets throughout England, Scotland and Wales have an under provision of care beds.
- The UK average en-suite wetroom provision is still only 25.1% of registered supply.
- In 2016, only 22% of planning permissions granted for care homes had been developed, indicating massive potential to deliver, even in areas with a number of planned schemes.
- Average fee rates in the South East have now topped £1,300 for nursing care.
- Over the last 12 months, residential care homes have enjoyed a 9% increase in fee rates, and nursing homes an 11% increase.
This research was supported by Carterwood Analytics, our new online market analysis tool. Recently, Analytics has added new features, and now offers coverage of markets in Scotland, and staffing data that estimates potential staffing market sizes and provides a summary of nationality between domestic, EU and other overseas staff.