New BCS CEO, Ross Low, has turned the first sod on Gracewood Community, a $166million development at Kellyville in Sydneys northwest. Stage One will include 73 independent living apartments, swimming pool, gym, hair salon and medical rooms, Club House, chapel, coffee shop and restaurant. The next three stages are planned over 5 years and will include another 158 ILUs and a 160 bed care facility. Few private operators can finance this type of program.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...