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British Care Home Ratings Downgraded
Wed, 03/08/2000 - 12:00am — Karen Stevenson
Description:
Duff & Phelps Credit Rating Co downgraded Care Homes Securities, and warned of trouble in the whole care home industry sector in the UK. They mention rising operating costs, low occupancy, and limited fee increases as contributory factors in a number of operator failures.
Duff & Phelps Credit Rating Co downgraded Care Homes Securities, and warned of trouble in the whole care home industry sector in the UK. They mention rising operating costs, low occupancy, and limited fee increases as contributory factors in a number of operator failures.
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