Japan Nursing Sector: According to a survey by the Nursing Caring Group in Japan, about 27 per cent of nursing homes and related services may go bankrupt or stop their operations in a few years. The biggest reason behind this is rising prices and pressure on costs.
An official from the Japanese nursing care group Minkaikyo said the nursing care sector could not pass on the cost increases to consumers like other companies, which significantly impacts their business. The group was among those who conducted an online survey in March covering nearly 1,200 nursing care facilities across Japan.
64.3 Percent Can Continue Operations
Concerns have also been expressed about the possible decline in the quality of nursing care service. Because of this, the number of employees in some nursing sectors has either been reduced or hiring has been postponed due to high costs. The survey found that more than 90 per cent of the nursing sector has been affected by the price increase.
When asked about their future business plans related to these nursing sectors, 64.3 per cent felt they could face the challenges and continue operating. Then, some were worried about closing their operations or going out of business.
How the nursing sector is dealing with the increased cost due to cost increase in nursing care service due to saving of electricity and materials. Of the many answers, the most common was saving electricity and stuff. Then, withdraw the protection and reduce or waive salary increments and bonuses. According to the survey, around 16.2 per cent opted for a reduction of staff and suspension of new appointments.
