Mike Short, founder of CSI Market Intelligence, discusses current trends in care home openings and closures, and their likely impact on the sector over the next decade
A report published by CSI Marketing Intelligence last year showed a high number of care home closures compared to that of openings — a potential cause for concern given an ever-increasing demand for beds.
Here, I look at what has happened in recent years, and what will happen if the trend continues over the next ten years.
My company has been publishing its annual Say Hello Wave Goodbye 1 report since 2015. The report looks at openings and closures within the care home for older people market in England. Following a poor performance in 2022, we took a further look at the first six months of 2023.
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