One of Australia’s largest aged care operators Bupa has divested more of its homes, this time in regional NSW to Uniting NSW.ACT, which has 70 aged care homes.
Bupa, which delivered a $71 million loss in May for its Australian aged care homes, on top of a $52 million deficit in 2019, has sold its aged care homes in Berry (photo), Eden, Griffith and Tumut to the Not For Profit.
“Uniting’s 10-year strategy calls for us growing our impact and supporting vulnerable communities, with a focus on rural and regional areas,” said Uniting NSW.ACT CEO Tracey Burton.
“In spite of the challenges of 2021, we welcome the ability to innovate and develop as opportunities arise.”
In December last year, Bupa sold its aged care homes in Calwell and Stirling in Canberra – a total of 288 beds – to Warrigal. It sold its home in Hobart, Tasmania to Southern Cross Care Tasmania in October 2020.
The sale will come into effect 1 October, with Uniting NSW.ACT assuming full responsibility for the homes’ operations.