Care home owners will be forced to prove they are financially stable to avoid a second Southern Cross-style collapse, officials have said.
The Government is to implement a series of safeguards to prevent a repeat of the crisis.
Care and Support Minister Norman Lamb announced that the Care Quality Commission (CQC) will be able to monitor the financial health of the largest providers.
The abrupt collapse of Southern Cross, Britain's biggest care homes operator, caused turmoil for more than 30,000 elderly and vulnerable people in 2011.
More top news
Ambulances are struggling to hand patients over to A&E departments within target times, MPs warn.
Zac Goldsmith hopes to be reinstalled as Tory MP for Richmond Park - months after he quit the party and forced an unsuccessful by-election.
Cancer battler Bradley Lowery is back in hospital with "horrendous pain" as doctors fear the disease is progressing.