UK Health & Social Care: Feasibility Study for a New Care Home

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Added on  2023/03/24

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This report assesses the feasibility of establishing a new, luxurious residential care home in the UK, focusing on the London area. It examines the current state of the UK health and social care sector, noting increased government investment and a significant population residing in care homes. The analysis considers economic assumptions, potential risks such as high competition and staffing issues, and opportunities including property prices, high demand, and collaboration with the NHS. The report concludes that there is a high opportunity for a new residential home in London, citing moderate property prices and existing market needs. References to relevant research on dementia strategies and networked innovation in healthcare are included. Desklib provides this report, along with numerous other solved assignments and past papers, to support students in their academic endeavors.
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Business Analysis and Planning
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Agenda
The main agenda of this study is to find out the current market
position of health and social care sector of UK. By this way it
would be analysed that whether there is any scope to develop a
new residential care home.
Agenda of this study is to enhance services of the hospitals so
that death rate of the nation can be minimized.
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INTRODUCTION
Health care sector of UK is performing well, over the past few
years scenario of this industry has been changed drastically.
Current assignment is based on the residential care home
which is engaged in foreign consortium which is based in
Middle East.
This care home is planning to enter into United Kingdom with
the purpose to provide luxurious residential care home to high
worth individuals.
The preferable location of the firm is London area.
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Current health care sector of UK
Over the past few years government has paid
close attention on health and social care
industry. Investment by government has
been increased by 7.5% from 2012 to 2017.
Approx 416000 persons of UK live in
residential home after particular age.
They like to live here because residential
care homes provide them satisfactory
medical services and take care of them. UK
is the country where income status of
population is good and people have
satisfactory monitory reserves.
They spend huge amount in order to get
quality services
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Assumptions
Economic position of United Kingdom is very sound; people
are having job opportunities and having monitory resources. So
if they have any medical problems then they are able to get
quality treatment.
Technological changes take place very frequently, in such
condition each firm ha to modify its operation soon so that it
can meet with the environment expectations.
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Potential risk for new luxurious residential care home in
UK
If new residential care home enters into the UK
health and social care sector then it may have
to face many issues. Due to this risk it may fail
to successfully establish its care home in
United Kingdom. These are as following:
High Competition
High cost
Staffing issue
Technological up gradation
Patients’ believe
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Opportunities in London for new residential care
home
New care home is engaged by foreign
consortium based in the Middle East. It is
planning to provide luxurious care services
to high worth individuals those who live in
UK. London is the most preferable area. In
this area new residential are have many
opportunities. These are as following:
Prices of property
High Demand
Staffing
Collaboration of NHS
Effective legislation and standards
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Conclusion
From the above study it can be concluded that there is high
opportunity for new residential home in London.
Property prices of London are moderate so new property can
be bought by owner.
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References
Nakanishi, M. and Nakashima, T., 2014. Features of the Japanese national
dementia strategy in comparison with international dementia policies:
How should a national dementia policy interact with the public health-and
social-care systems?. Alzheimer's & Dementia. 10(4). pp.468-476.
Scarbrough, H. and et.al., 2014. Networked innovation in the health
sector: comparative qualitative study of the role of Collaborations for
Leadership in Applied Health Research and Care in translating research
into practice.
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