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9 hours ago

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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12 hours ago

Home Care

In SATURDAY: Will Support at Home be Armageddon for home care?

Support at Home represents a firm nudge away from domestic assistance toward clinical care, wellness and reablement. The question is whether that nudge becomes a shove.

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17 hours ago

Home Care

Home care duration collapses to 2.4 years – StewartBrown flags pressure ahead

The average time an older Australian spends on a Home Care Package has plunged 33% to 2.4 years in FY25 from 3.6 years in FY24, according to StewartBrown’s FY25 Aged Care Financial Performance Survey.

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20 hours ago

Maggie Beer Foundation seeks extra $15.3M as critics call aged care food program “an irresponsible waste”

The Maggie Beer Foundation is seeking an additional $15.3 million over three years to expand its aged care food training – on top of $7.5 million already received.

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20 hours ago

iLiquid’s My Aged Care contract tops $30M after 16th extension

The Department of Health and Aged Care has extended its deal with digital consultancy iLiquid Pty Ltd to “operate and enhance” the My Aged Care website for a further six months, adding $2.7 million and taking the total contract value to $30.6 million.

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Home Care

“Explain it calmly, price it scientifically”: Tom Symondson’s advice for Support at Home backlash

At the final Department of Health, Disability and Ageing reform webinar before the new Aged Care Act takes effect, Support at Home pricing dominated the closing Q&A.

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Aged care Star Ratings fail the pub test – especially on “Compliance”

When a home can be found non-compliant and still show five stars for Compliance on My Aged Care, the system – not just the service – deserves scrutiny.

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Aged Care

“If we can fund AUKUS, surely we can fund rural aged care”: Upper Hunter to decide fate of Gummun Place

The Upper Hunter Shire Council will meet next Monday to determine the future of Gummun Place, a 16-bed aged care home in Merriwa, 300km north-west of Sydney.

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Health Dept grants second eNRMC extension, avoiding aged care prescribing chaos

The Department of Health, Disability and Ageing has granted a further extension to the eNRMC transitional arrangements, allowing non-conforming Electronic Residential Medication Chart systems to continue issuing prescriptions until 31 December 2025.

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Aged Care

Residential aged care still falls short on investability: EBITDA $6.8K vs $20K target

Residential aged care remains well below investable thresholds, according to StewartBrown’s FY25 survey, which puts average EBITDA at $6,817 per bed per annum (pbpa) a long way off the $20,000-$22,000 the firm says is needed to attract ongoing capital and deliver enough new beds for the Baby Boomer wave.

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Mergers & Acquisitions

Bain lines up Gresham to run Estia Health sale alongside Barrenjoey

Bain Capital has reportedly added M&A advisory group Gresham to the ticket to find a buyer for Estia Health, Australia’s second-largest residential aged care operator.

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Aged Care

Catholic Healthcare to close St Francis Aged Care in regional NSW

Catholic Healthcare will shut the 42-bed St Francis Aged Care in the NSW Northern Rivers, saying the 42-bed home is “no longer suitable for the future care needs of the community.”

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