June Heinrich (CEO of Baptist Community Services) and Greg Mundy (CEO of ACSA) both
championed IT as the major cost saving device for making ageing in place a financial possibility.
The simple argument was that monitors in ILUs will stall the need for qualified staff to be
available on the floor. This will require a high grade communications backbone that new
services can be bolted onto as the technology becomes available or affordable.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
