A COMPANY which runs a care home in Matlock has moved to calm fears residents could face losing their home.
Concern has been mounting over the financial plight of Southern Cross Healthcare, which owns Long Meadow Care Home, in Bakewell Road.
The company warned its long-term future was in jeopardy unless it could negotiate a large reduction in the rent it pays the owners of its 750 care homes.
Some reports have suggested residents among the 31,000 tenants could be forced to leave their homes, an outcome the company has insisted will not happen.
Phil Whitaker, regional director, said: “In response to recent media speculation, I would like to reassure people that residents in our care homes do not face the prospect of being made homeless.
He added: “Like all independent care providers, we continue to face challenges because fewer people are being placed in our homes by local authorities, many of whom are seeking to reduce the fee levels they pay in line with public spending cuts.
“Working with the support of our banks, Southern Cross is focused on improving our operational effectiveness and accelerating negotiations with landlords to seek concessions on our rent bill.
“We are taking decisive action to ensure our business remains sustainable.”