Care Home Trading Performance Review 2018: Self-funder vs LA Market & Capex
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Property costs
Property costs comprising utilities, council tax, insurance, repairs and maintenance, are small in comparison to staffing costs, but must be managed efficiently to maximise profits.
Property costs were similar to the previous year’s review at £2,006 per bed, which equates to 5% of income.
Capital expenditure (Capex)
New to the Index is an assessment of capex across the sector. 85% of UK care home stock is over 40 years old and thlack of capex remains a concern. We have carried out a review to show capex spend per bed by property type and age. On a national level capex per bed stands at £1,430 for the financial year 2017/18.
North South Divide
