Tag Archives: Older care
Southern Cross to hand over care homes to landlords
Residents have been reassured in Peterborough that they will not have to move, lets hope it will be the same for every resident across the country,.
News from The Peterborough Evening Telegraph, www.peterboroughtoday.co.uk
By Stephen Briggs
Published on Tuesday 12 July 2011 09:25
VULNERABLE residents in care homes in the Peterborough area have been reassured after operator Southern Cross warned it was set to shut down.
Southern Cross Healthcare Group, which operates the 59-bed Astoria Park, in Park Crescent, Peterborough, has announced plans to hand over all of its 752 care homes to landlords or, where appropriate, new operators because of financial difficulties.
Southern Cross set to shut down and stop running homes
Southern Cross set to shut down and stop running homes
“It is currently envisaged that the existing group will cease to be an operator of homes,” an update on the restructuring process said.
As a result, trading in the company’s shares has been suspended.
Caring for the elderly
10 July 2011 Last updated at 16:26
By Philip Spiers FirstStop Advice
The vexed question of how to pay for the care of the elderly, and adults with disabilities, has been highlighted by the recent recommendations of the Dilnot Commission.
In his independent report to the government on reforming the system in England, Andrew Dilnot said that individuals should not have to pay more than the first £35,000 or so of their care costs (as opposed to their so-called hotel costs) during their remaining lifetimes.
