Nursing home operator records 17% jump in turnover to over €30m

THE country’s largest provider of private nursing home care for elderly people, Mowlam Healthcare, recorded a 17% increase in turnover to €30.2 million for 2010, according to figures released.

The company created 123 new jobs in 2010, ending the year with 803 people employed by the group.

The Mowlam Healthcare Group currently operates 16 nursing homes throughout Ireland with a total capacity of over 900 beds.

“We continue to see an increasing demand for quality nursing home care in custom-designed facilities.

“2010 had been a positive year with increased turnover, employee numbers and an increase in profit to €1.6m. This profitability allows us to reinvest in improving the standard of care and the quality of life for all residents in our nursing homes,” Mowlam Healthcare chairman, Pat Shanahan, said.

“We are pleased also that the Government has reaffirmed its commitment to funding the Nursing Home Support Scheme ‘Fair Deal’. This enables our elderly, often vulnerable citizens to access high-quality, affordable healthcare with ease,” he added.

Mr Shanahan also noted the positive work done by Health Information & Quality Authority (HIQA) in nursing home facilities nationally.

“We continue to work closely with HIQA to constantly improve the standards across the nursing home care sector, including the provision of social activities and therapies” he said.

The demand for nursing home care in Ireland continues to grow. This demand is forecasted to double over the next 20 years as a result of an aging population.