Analysis of NTPF Nursing Home FDR Changes in September 2024

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 FDR represents 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 & 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 quarterly change in the rates between June 2024 and September 2024 and the change in rates over the past 12 months to September 2024.

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Our previous report, demonstrating the FDR changes between March 2024 and June 2024 is available here.

BDO’s Healthcare Team provides the following Corporate Finance Services:

Development financing and restructuring
Financial due diligence
Strategic reviews
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.