Warrigal Care has sold its residential nursing home in the Sydney suburb of Gladesville to Twilight Aged Care. The sale includes the land, buildings and 41 beds. Warrigal Care CEO, Mark Sewell said it was a difficult decision to sell an existing service for the first time in the aged care provider's 42-year history.
Ryman Healthcare CEO Richard Umbers quits
In February, the company cut its full year profit forecast to between NZ$265 million and NZ$285m on disappointing sales and margins