Larchwood Care has announced it is to close five lossmaking homes by the end of May.
Brookes House in Brentwood, Copper Beeches in Liss, Mountwood in Andover, Wickwar in South Gloucestershire and Withy Grove in Preston will be closing on or before 31 May 2019.
Tony Stein, chief executive of Larchwood Care, said: “These five homes have been losing substantial amounts of money over an extended period of time and their continued operation has become unsustainable for the company.
There are a number of external sector-wide factors that have contributed to this decision, including the inadequacy of fees paid by commissioners, high operating costs and low admission rates. These factors impact upon staff morale and make recruitment of staff very difficult.