The National Seniors Productive Ageing Centre (NSPAC) has commissioned a new study from Access Economics which has found an industry weakening under staffing and bed shortages and unable to meet the future demands of an ageing population. NSPAC was established by National Seniors Australia and the Department of Health and Ageing.
The report, The Future of Aged Care in Australia also calls for policy makers to implement viable funding alternatives with escalating costs making the sector unsustainable.
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...