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Regulation of the care sector is not fit for purpose, care minister Norman Lamb has said as he unveiled proposals on England care homes for consultation.
He also said there was a "significant lack of corporate accountability for the quality of care".
One suggested measure involves companies having to open up their books to inspectors to ensure they are financially sound.
Proposals were drawn up after the collapse of Southern Cross last year.
The country's biggest provider had thousands of elderly residents at more than 750 care homes across the UK.
Mr Lamb said its demise showed the need for "greater oversight of providers' finances".
http://www.bbc.co.uk/news/health-20564151
He also said there was a "significant lack of corporate accountability for the quality of care".
One suggested measure involves companies having to open up their books to inspectors to ensure they are financially sound.
Proposals were drawn up after the collapse of Southern Cross last year.
The country's biggest provider had thousands of elderly residents at more than 750 care homes across the UK.
Mr Lamb said its demise showed the need for "greater oversight of providers' finances".
http://www.bbc.co.uk/news/health-20564151