Profits down but occupancy levels up in UK care homes finds Knight Frank

Knight Frank has become the latest analysts to highlight the falling profit levels among care homes in the UK. Its analysis of EBITDARM levels found a drop from 27.5% of revenue in 2015/16 to 25.2% in 2016/17. Knight Frank’s ten-year dataset shows a gradual fall in EBITDARM from a high of 32.8% in 2006/07 with…

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