Bupa still in profit but small occupancy dip

The four companies that together comprise Bupa’s UK care home division have each reported their results for calendar 2012 – Bupa Care Homes (CFG) plc; Bupa Care Homes (ANS) Ltd; Bupa Care Homes (AKW) Ltd; and Bupa Care Homes (Carrick) Ltd. In a challenging market, aggregate revenue for the four companies edged up by 1% to £642.3m (2011: £636.0m ). Bupa has made much play during the year of the threat to the viability of the care home sector from below inflation fee uplifts by local authorities – not surprisingly since, according to Bupa Group’s annual report, 70% of Bupa’s UK care home residents were funded by local authorities or PCTs.