The latest issue of Healthcare Business (February 2017) contains our article about the impact of the National Living Wage on the care home sector.

We have carried out analysis showing the impact on an operator’s profits based on the NLW increases coming soon.

Our findings show that an increase in weekly fees of 2% per annum will result in profits dropping to 70% of current levels by 2021. An increase of 3% will not be enough to keep profits at the current level beyond 2019.

We explain how care homes need to take immediate steps now to help prevent problems in the future – and have devised a 10-point guide to help operators address the NLW impact.

Click here for the full article, which appears on Page 42 of the magazine here.