Respected international accounting firm PricewaterhouseCoopers has issued a report on forecast costs of an aged care bed looking forward to 2020. On average they calculate it will cost $170,000 per bed to build the infrastructure for one bed. This compares to the government estimate of $105,000, or 38% less. The report was commissioned by the Aged Care Industry Council.


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
