The Victorian health Minister, David Davis, has confirmed plans to sell 1000 aged care beds to private and not-for-profit providers for an expected $75 million, stating they can achieve lower costs than the government. Not-For-Profit operator Southern Cross Care has taken over Peninsula Health which the government points to as a very successful collaboration.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...