A third of adult social care providers are considering leaving the market amid financial pressures and staff shortages, the care home industry has warned.
According to a joint report from Care England, which represents care homes in England, and learning disability charity Hft (pdf), the adult social care industry is teetering on the “edge of a precipice.”
“With a third of adult social care providers having considered exiting the market in the past 12 months, including nearly half of smaller providers, this year’s research depicts a sector that is reaching the end of the line,” Kirsty Matthews, Hft CEO, and Martin Green, chief executive of Care England, wrote in a joint statement….