PresCare sells home care services to Enrich Living Services partner myHomecare Group – but six aged care homes still up for sale

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The QLD-based Not For Profit has offloaded its home care business to the private home care provider – but there is still no news on the sale of its six aged care homes.

As we reported here, PresCare announced in August that it was quitting residential care and selling its six aged care facilities.

Its home care services have now been transferred to myHomecare Group – which was set up by three home care providers: the NSW Central Coast-based Sue Mann Nursing and Community Care – which sold a stake to Quadrant Private Equity in 2017 – NSW-based Enrich and Sunshine Coast-based Bromilow.

The group is headed up by Founding Director of Sue Mann, Sue Mann (pictured left); Executive and Managing Director Andrew Mann (pictured centre), also of Sue Mann; and Chief Executive Officer, Stuart Miller (pictured right), who was the Group CFO of Home Care Holdings, owned by Quadrant, from 2017 to January this year.

The services include home care regions such as Brisbane, Cairns, Mackay, Rockhampton, Townsville, Hervey Bay, Toowoomba, Sunshine Coast and Gold Coast – significantly expanding myHomecare’s footprint.

But McGrathNicol – which has been appointed to manage the PresCare sales process – says while the sale of its six aged care homes is continuing, there is no announcement yet on any buyer.

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Lauren is the Editor at DCM Group and has guided its range of media including The Weekly SOURCE, The Daily RESOURCE and The Donaldson Sisters since 2016. With 13 years’ experience as a journalist, editor and commentator, Lauren is the only journalist to have attended every session of the Royal Commission into Aged Care Quality and Safety, producing 300 issues of the subscriber-only The Daily COMMISSION which offers exclusive insights and analysis of the issues surrounding the Royal Commission and the aged care sector.