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Private care home investors a risk to public sector, regulator says

Photo: BBC

Private companies buying up care homes for older people in England could undermine the government's ambition to create a universal care service , the regulator says.

The Care Quality Commission's annual report , external highlights how an increasing share of the care home market is owned by large firms - the five biggest have increased their share of the market by 26% in the last two years, driven by interest from US property investors. Between them they own around one in seven homes.

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