Paul Cook, The CEO of Inverell not-for-profit operator H.N McLean Retirement Village, has declined to renew the management contract for the council owned Bundarra Aged Care Facility in northern New South Wales. The reported ongoing losses was too much to manage.
Think big. Think care campuses.
The gnarly problem: the lack of new ageing accommodation infrastructure over 20 years has hit the Baby Boomer demand bubble. Bad outcomes for old people are accelerating. Planning approval hurdles are cited as the root cause. Delay and bureaucratic...