Yes. Residential Care Homes for the Elderly can generally be classified into four types according to their financing mode: subvention homes, contract homes (residential care homes which obtain their service contract through bidding), non-profit-making self-financing homes, and private homes (Social Welfare Department, 2020g).

References:

Social Welfare Department. (2020g). Overview of Residential Care Services for the Elderly. Retrieved from https://www.swd.gov.hk/en/index/site_pubsvc/page_elderly/sub_residentia/id_overviewon/