Stewart Brown has reported similar figures in their March report to those revealed by their December 2009 survey. The average operating costs of high care declined by $0.38 per bed day and in low care, costs improved by $0.12 per bed day.
Significantly, the survey pointed to the already high costs of providing hotel services to residents, tight margins to be squeezed even further by FWAs minimum wage decision.
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...