51% of responding nursing homes not profitable in 2023, BDO and NHI report reveals
The BDO | NHI Private and Voluntary Nursing HOme Survey 2023-24 report is the first produced on the sector in two years and states that over half of Irish nursing homes did not report a profit in 2023. Brian McEnery, Managing Partner at BDO Ireland, said the nursing home sector is under immense strain due to rising costs, inadequate funding, and reduced construction activity.
Our people are as unique as you are. And, while we focus on your business, we never forget the people behind the numbers. That is why we connect and adapt, not only to your needs but to your goals. Meet the ‘people helping people’ culture of BDO Ireland.
Our Sustainability Services empower your business to integrate sustainable practices effectively, enhancing resilience and competitiveness. Get specialised support with net zero transitions, identifying ESG reporting risks, developing comprehensive sustainability strategies, and much more. Explore our services to see how BDO can guide your organisation towards a sustainable, greener future.
BDO Ireland: Official Business Advisors to Leinster Rugby since 2012
BDO Ireland is proud to be the Official Business Advisors to Leinster Rugby since 2012.
Recently our team were delighted to welcome James Ryan, Leah Tarpey and Caelan Doris, along with Chief Commercial Officer Mathew Dowling to our Dublin HQ for our latest brand shoot. All the BDO team are looking forward to an exciting year ahead with Leinster Rugby on and off the pitch.