One in Five Smaller Nursing Homes Closed as Larger Facilities Take Over

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Nursing Homes,Rural Ireland,Shortage

Older people in rural Ireland face a shortage of nursing home beds as larger facilities funded by private equity firms open in counties with higher populations. Research shows that almost 20% of smaller private nursing homes closed in a two-year period.

Older people living in rural Ireland will face a shortage of nursing home beds close to home as larger, new facilities open in counties with big populations and greater numbers of existing beds. A paper by the Economic and Social Research Institute (ESRI) has found that almost one in five smaller private nursing homes closed over a two-year period with the country increasingly relying on large centres funded by international private equity firms .

Researchers warned regional inequalities were likely to increase further with planning data showing several other large facilities, all situated in counties with the highest per capita bed supply for long-term residential, are due to open

Source: Real Estate Daily Report (realestatedailyreport.net)

Nursing Homes Rural Ireland Shortage Larger Facilities Private Equity Firms

 

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