Every month, the HSE releases an update on the prevailing FDR for private & voluntary nursing homes operating under the Fair Deal Scheme across the country. This is the maximum price per week agreed between the nursing home and the HSE under the nursing home support scheme, providing an insight into not only the highest and lowest rates being achieved but also into the changes occurring on a monthly basis for each individual private and voluntary nursing home.
Nursing Homes under the Fair Deal Scheme allow for residents to pay only a portion of their cost of care and the remaining is paid by the HSE to the nursing home.
For the past number of years, our Healthcare Team in Corporate Finance has analysed these changes, noting trends and patterns on a county-by-county basis and an all-country basis. We have now prepared this report to highlight the changes in the rate in the last quarter of 2022. We have also taken to opportunity to highlight changes in the rate between December 2021 and December 2022.
Our previous report, demonstrating the FDR changes between June 2022 and September 2022 is available here.
BDO’s Healthcare Team provides the following Corporate Finance Services:
- Development financing and restructuring
- Financial due diligence
- Rescue, recovery & turnaround
- Mergers & acquisitions
- NTPF negotiations
If you would like to seek advice on taking action from this report, please contact BDO’s Corporate Finance Healthcare team below.