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View cryrst's Profile cryrst Flag The garden of England 20 Apr 20 9.20am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Mapletree

It is well known most are unprofitable. Often only surviving through charitable cross subsidisation

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Edited by Mapletree (20 Apr 2020 8.38am)

So these ones went bust and 1000s havent. The positive is surely that fact alone. How many care home owners live in a two up two down. Not many if any. Taking dividends has undoubtedly taken profits or the slush fund. Go on companies house and check their accounts. I'm sure the evidence of the spending and wages will be there. Including dividends taken.

 

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View cryrst's Profile cryrst Flag The garden of England 20 Apr 20 9.23am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Forest Hillbilly

Lies, Damn lies, and statistics. Leaving out a sizable chunk of potential CV-19 deaths from care homes is a convenient way of 'getting things under control'.

And privatisation of previously Government-operated facilities is also distancing authority from due diligence and accountability.

The old privatisation number eh. Let's have full on socialism to eradicate it. Or nationalism as at least we can think we are in control. Hows your ex council house or one definitely sold by AN other within any chain you may have bought your own house in.

 

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View Teddy Eagle's Profile Teddy Eagle Flag 20 Apr 20 9.51am Send a Private Message to Teddy Eagle Add Teddy Eagle as a friend

There is also a question of perception over lockdown - in London there have been, so far, 3825 deaths against 903 across Scotland. Obviously the population is much lower and I’m in no way trying to dismiss the loss but the stats aren’t as alarming when you’re dealing with 10 deaths a day as opposed to hundreds.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 20 Apr 20 9.53am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Mapletree

It is well known most are unprofitable. Often only surviving through charitable cross subsidisation

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Edited by Mapletree (20 Apr 2020 8.38am)

2 reasons then. Reduction of government funding and ownership. The final paragraph....

‘There must be a recognition that private equity and hedge funds are not suitable owners of homes for the elderly and infirm. This is not because financiers are unalloyed villains who would sell their own granny rather than pay for her to be in a decent care facility. Mainly, it is because their business model doesn’t work.’

Sounds like quite a few will be run on debt and therein lies a big problem, especially when you have an unexpected cost like this. This virus could really damage their industry more in the future losing residents moving in.

 


COYP

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View Wisbech Eagle's Profile Wisbech Eagle Flag Truro Cornwall 20 Apr 20 9.58am Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by cryrst

The care home deaths are very tragic indeed along with all deaths from C19. Testing kits are available to purchase along with PPE for the correct money. Before the hammering I would gently state that lots of care homes are privately run. They take clinical advice from the NHS bodies but operational running and staffing is their responsibility. Why are they limited on PPE when they had the same info at the same time as the government. Why havent or didnt they have a stock of it. Procurement should be part of this operation. Blaming the government for bad info is one thing but blaming them for your own failings is another. Its like running with the hounds and play with the fox. Profit before care in some cases.

20 years ago I owned a 29 bed care home. So my knowledge is out of date but I don't think things have changed so much, and if anything for the worse.

I relied on a manager on all operational matters, including PPE, and she in turn relied on external advice whenever something out of the ordinary happened. I am certain we would now have been following government advice, and not taking independent decisions, as we didn't have the expertise to do so.

Most of the time it's a real struggle to recruit enough staff, especially reliable good ones. As a consequence you frequently have to rely on agencies who bleed you dry. On many occasions you have no choice other than to use them to ensure a safe, and legal, staffing level. Many residents are funded by their local authorities, who pay the rate they determine is correct, and not what you feel is appropriate. The gap between the two was large in my day and with austerity must now be bigger.

So the idea that a care home is a very profitable business is a myth. It can be very challenging. The people who bought my home to add to their group went bankrupt 3 years later.

The rewards in running a home are rarely financial. The reward comes from giving people a good place to live and enjoy their latter years. There is a lot of love in a care home. It was an experience I treasure and from which I learned a great deal.

I can only imagine what it must be like at the moment and my heart goes out to the residents, their families and the many devoted, hard working and loving staff who give so much of themselves to make people's lives better.

 


For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

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View Mapletree's Profile Mapletree Flag Croydon 20 Apr 20 10.03am Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by cryrst

So they waited for that email then, not being proactive with their experience; or not as the case seems to be. Local authorities are also somewhat self governed as well. Look at the wages of their bosses compared to MPs wages. What does that tell you about who's in charge.

No, no and no in that order

Our Local Authorities have been excellent but they in turn had to be supplied.

We were able to source some PPE privately at an early point, that is no longer feasible.

Why the hell keep knocking people. What on earth has local authority pay structure got to do with this.

 

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View Mapletree's Profile Mapletree Flag Croydon 20 Apr 20 10.07am Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Rudi Hedman

2 reasons then. Reduction of government funding and ownership. The final paragraph....

‘There must be a recognition that private equity and hedge funds are not suitable owners of homes for the elderly and infirm. This is not because financiers are unalloyed villains who would sell their own granny rather than pay for her to be in a decent care facility. Mainly, it is because their business model doesn’t work.’

Sounds like quite a few will be run on debt and therein lies a big problem, especially when you have an unexpected cost like this. This virus could really damage their industry more in the future losing residents moving in.

Most are run by charitable trusts, many set up generations ago by e.g. Churches. Some are run as small businesses by entrepreneurs, often originally doctors. The biggest issue is that Local Authorities can't afford to pay the break-even rate, which in most cases is in the region of £1,000 within London. So private payers have to subsidise. Then we had the increase in minimum wages without any equivalent increases in Local Authority funds. For many that was game over.

 

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View Mapletree's Profile Mapletree Flag Croydon 20 Apr 20 10.08am Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by cryrst

So these ones went bust and 1000s havent. The positive is surely that fact alone. How many care home owners live in a two up two down. Not many if any. Taking dividends has undoubtedly taken profits or the slush fund. Go on companies house and check their accounts. I'm sure the evidence of the spending and wages will be there. Including dividends taken.

You have so little idea of what you are typing about, I give up on this subject with you.

 

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View Mapletree's Profile Mapletree Flag Croydon 20 Apr 20 10.18am Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Rudi Hedman

2 reasons then. Reduction of government funding and ownership. The final paragraph....

‘There must be a recognition that private equity and hedge funds are not suitable owners of homes for the elderly and infirm. This is not because financiers are unalloyed villains who would sell their own granny rather than pay for her to be in a decent care facility. Mainly, it is because their business model doesn’t work.’

Sounds like quite a few will be run on debt and therein lies a big problem, especially when you have an unexpected cost like this. This virus could really damage their industry more in the future losing residents moving in.

In fact it's possible they will all fill up, as the NHS tries to shift people that are bed-blocking. This is a problem that should have been addressed before now but is wrapped up in the complexity of when Local Authorities and when CCGs pay. And the lack of funding for both.

 

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View Badger11's Profile Badger11 Flag Beckenham 20 Apr 20 10.38am Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Mapletree

In fact it's possible they will all fill up, as the NHS tries to shift people that are bed-blocking. This is a problem that should have been addressed before now but is wrapped up in the complexity of when Local Authorities and when CCGs pay. And the lack of funding for both.

Do care homes have to pay business rates?

If yes that is something that should be changed. They should pay a lower rate mainly for refuse collection I thought I read that GP's surgeries also have to pay, ridiculous.

 


One more point

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 20 Apr 20 10.40am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Mapletree

In fact it's possible they will all fill up, as the NHS tries to shift people that are bed-blocking. This is a problem that should have been addressed before now but is wrapped up in the complexity of when Local Authorities and when CCGs pay. And the lack of funding for both.

Into care homes with the virus circulating in them and between nearby care homes via agency staff. Going to be a long ordeal in care homes.

 


COYP

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View cryrst's Profile cryrst Flag The garden of England 20 Apr 20 10.41am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Mapletree

You have so little idea of what you are typing about, I give up on this subject with you.

What you mean is I can have an opinion as long as it's yours. Fair enough you are right. Yet again!
It is business though and if they run at a loss then it's a bad business. Would you not agree with that. Unless they have cash flow.

 

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