All retirement village (and assisted living) operators need to teach Jim Chalmers mathematics

At least 25% of all village residents will need packages, but most won’t get packages. 50%+ will develop dementia but only a few will get packages.

Pick a number, lets say 80% of village residents that should transition to residential care can’t. That is 43% of village resident departures are going to stay in the village, needing support, but not funded by the government.

Village operators will have no choice but to source private home care, but who will pay for it and who carries all the risks associated with medically ill people on the premises?

Jim, mate, and village operators, the maths don’t lie. And many are seeing this catastrophe unfolding now.

The answer: Chris Blake and the LEADERS SUMMIT

There are answers and ways forward. The person with the most at risk in their business and who is acting now, is Chris Blake, CEO of St. Vincent’s Health Australia. With hospitals, villages, care in the home and residential care, he is pivoting half his 30,000 staff to be in people’s homes delivering support and care by 2030.

Chris is speaking at the LEADERS SUMIMIT.

So is Robert Read, CEO of Amplar Health, today the largest Hospital in the Home provider and owned by Medibank.

Plus Natalie Siegel-Brown, the Inspector General of Aged Care, who has big ideas on transforming the ageing system.

Jim’s maths don’t lie and the demographic maths don’t lie; they just don’t match up and every operator needs to fully comprehend this now, as new contracts with new village residents are being signed. These contracts are likely not to work within the next 36 months, or less.

We invite you, and Jim Chalmers, to the LEADERS SUMMIT. Learn more HERE.