In 2002 the Joseph Rowntree Foundation devised a formula for calculating a reasonable fee level for individuals resident in care homes for frail older people and people with dementia. This has been now re-issued with data from Spring 2008 to provide a basis for determining 'fair market fees'. This article summaries the main elements of the model: staffing; repairs and maintenance; other current costs; and capital costs, the latter including investors' and operators' returns.
In 2002 the Joseph Rowntree Foundation devised a formula for calculating a reasonable fee level for individuals resident in care homes for frail older people and people with dementia. This has been now re-issued with data from Spring 2008 to provide a basis for determining 'fair market fees'. This article summaries the main elements of the model: staffing; repairs and maintenance; other current costs; and capital costs, the latter including investors' and operators' returns.
Subject terms:
nursing homes, older people, residents, very old people, charges, care homes, costs, dementia;