Care Market Review

Care Market Review

RP client

Ikon were appointed by a specialist care provider to look in detail at one of their London based care markets. The review was designed to improve performance of the care business within challenging market conditions and included:

  • Full analysis of the total care home market in terms of public and private provision.
  • Analysis of comparative costs by sector and by location.
  • Comparison of quality of care provided and client types.
  • Analysis of location and quality of clients care homes.
  • Financial analysis.
  • Review of operating environment including the Boroughs future care policy.
  • Preparing a report with appropriate recommendations

The Brief

ikon carried out a review with clear recommendations in relation to a future strategy which should enable care to be provided at higher charge able rooms rates through diversification into the private sector thereby becoming less reliant on public sector support.