Short-term funding has held back investment in the unstable £16.5bn adult social care market despite a forecast 57% in demand from the over-65s by 2036 says a report from the National Audit Office (NAO).
Some 76% of care homes for older adults and adults with dementia are for-profit while of the remaining 24%, 14% are not-for-profit and 10% are run by a local authority or the NHS.
