The demands
resulting from an ageing population means that more care homes will be needed in
the future. However, most public sector funding agencies do not currently offer
fees that are sufficient to encourage care home operators to invest in new
capacity for state-funded clients. Calculating
a fair market price for care offers a transparent and evidence-based
mechanism for working out what such fees should be, based on the costs borne by
care homes in the financial year 2008/9. This may be useful for NHS
commissioners of care services. (Joseph Rowntree
Foundation - press releases)
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