Emeritus Prof Christopher May1d ago

Care homes have become of great interest to Private Equity not least of all as they seem to be a sustainable source of income & profits.

In an excerpt from her new book Hettie O'Brien explores what this actually entails for people in care homes, the staff & those whose loved one are residents.

Its not a happy tale.

#CareHomes #PrivateEquity

https://www.theguardian.com/society/2026/mar/28/the-great-care-home-cash-grab-how-private-equity-turned-vulnerable-elderly-people-into-human-atms

The great care home cash grab: how private equity turned vulnerable elderly people into human ATMs

When did care homes come to be seen as recession-proof investments? And who pays the price?

The Guardian
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@ChrisMayLA6
As you will know care homes were privatised in 1980s and 90s and NHS and community care act 1990 set out process for management and marketisation.
For many of us working in social services at the time it felt like a hostage to fortune . Intervening years have imho shown how profit comes before personal care and individual need must fit within unrealistic parameters 😞
Mar 28 at 6:19pmWeb