A leading lender to the sector contacted HCMS with concern over the viability of a family operated, three home care group. The bank in question believed that the homes were being operated to a reasonably high standard but was concerned that a high cost base, together with the imminent end to a capital repayment moratorium […]
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In early 2011 HCMS was asked to carry out both an operational audit and a financial review of a care-home group consisting of c. 20 homes. All of the homes were located in England. The group had been with the lender’s restructuring team for over 12 months, and whilst independent financial business reviews had […]
Undoubtedly, major challenges face the healthcare sector – an ever-growing older population, improved diagnostic techniques leading to often-lengthy and expensive treatment, a more medically educated and discerning public, a critical media and government and scarce financial, material and human resources. On top of these issues, I see the most immediate challenge being the chronic shortage of qualified nurses. It is this problem that needs urgent attention
There are undoubtedly a number of major challenges facing the healthcare sector – a growing elderly population, better diagnosis leading to often-lengthy courses of expensive treatment or surgery, more rigorous scrutiny by the general population, the media and government and a scarcity of resources, financial, practical and human. Of all of these I see the most immediate being the chronic shortage of qualified nurses and it’s this that needs addressing urgently
Healthcare Management Solutions (HCMS) is expanding its selection of services for the care sector to offer a bespoke ‘Finance Function’ to oversee the accounting and financial systems on behalf of private operators, receivers, administrators and lenders.
Healthcare Management Solutions
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