Nursing Homes

 

HR Round Up

January comes to an end, rounding off what has been a busy period in personnel changes. We review some of the senior appointments that kicked off the new year including at UK care home operator Cornerstone, property advisor Christie & Co, and healthcare conglomerate Fresenius.

Orpea opens business school

French nursing home operator Orpea is partnering with one of the top business schools in France - EDHEC - to launch a first-of-its-kind management school for the care sector. It plans to train 1,000 group managers within one year. HBI speaks to a market expert to learn more.

Bankrupt English councils a worry for care operators

As increasing numbers of local councils in England declare themselves bankrupt, fees are giving care home operators cause for concern. HBI catches up with two market experts to understand why more insolvencies are on the way, and what this could mean for the sector’s future.

UK Home Office plans threaten overseas recruitment

The UK’s care sector has become heavily dependent on foreign nations for its healthcare workforce. With new proposals from the Home Office restricting whether families can accompany some workers coming to the UK, HBI speaks to two operators to hear what impact the plans could have.

Interview: Rebekah Cresswell, CEO, Priory

With a workforce on its knees, it is little surprise that the prospect of ‘care as a career' is becoming an increasingly difficult reality. HBI speaks to UK mental health and social care provider Priory’s CEO Rebekah Cresswell about the government’s latest reforms, and how staff retention can be improved even when times are tough.

Bankruptcies of German care homes “will force reform”

As the threat of mass bankruptcies hits the headlines in Germany, HBI hears that residents are beginning to feel the sting of the country’s dwindling supply of nursing homes, and that 2024 could prove to be the tipping point when public pressure actually triggers political change - but things may get even worse before before they get better.

German prospects in 2024: Twice the bankruptcies, half the investment

Between stark drops in investment, the prospect of mass nursing home bankruptcies, and the German Hospital Association warning insolvencies could double in 2024, Germany’s healthcare market is becoming the sick man of Europe. HBI asks a cohort of market experts how the patient is doing, and whether there is a cure.

Where in Europe are elderly care beds most needed?

Looking at OECD data on the number of beds in residential long-term care facilities per 1,000 people aged 65 and over across 27 European countries, there is a very clear pattern: the richer northern and western European countries tend to have a more bed capacity relative to the size of their elderly population than the poorer Southern and Eastern European countries. But this correlation is far from perfect. There looks to be a significant opportunity for new elderly care developments in the European countries which have a much lower capacity than you would expect based on their GDP per capita.

Threestones buys Spanish care homes from DomusVi

Spanish nursing home operator DomusVi has sold five of its Spanish homes to Luxembourg-based fund manager Threestones Capital Management for around €35m through its TSC Eurocare IV fund, marking Threestones largest acquisition in Spain to date. DomusVi will continue to manage the residences.

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