Political shift needed to end German care home hurdles

Healthcare operators are under financial pressure due to lack of staff, lack of storage and rising costs. “So we are seeing that a lot of operators and investors are going more from care to senior living and assisted living,” said Savills’ associate director, operational capital markets – healthcare, Max Eiting.

“We see opportunities in the value-add sector. Manage to ESG is a big topic here,” he continued.

However, he stated that there needs to be a change at the political level so that operators are no longer under pressure due to the staff shortages. Furthermore, negotiation and renegotiation of costs with long-term care insurers takes too long. “That’s a huge problem,” Eiting commented.

“In Germany we have we have 16 federal states with 16 federal laws regarding care homes. We have some elections so maybe there will be a change in some federal states. But we will see that it’s not a federal state topic. It needs to be discussed in Berlin too and we hope that that will happen soon.

Author: Paul Strohm