DCM has surveyed 40 of the most dynamic and interesting retirement living and aged care industry leaders about their outlook for 2023.
Retirement living operators are focussing on developing new and innovative models of care that deliver baby boomers more dynamic and flexible retirement living options. Nearly than half of those who responded (46%) said they will be investing in co-located/continuum of care retirement living models.
Just less than one third (30%) said they will be investing in land lease communities, and the same proportion said they will be investing in private aged care (where care is provided right up to the palliative level under the Retirement Living Act).
Nearly all of the retirement living operators who responded (92%) said they are confident consumers will accept the new products they are development.
The picture for aged care was bleaker, with 80% responding they are not confident about the future of aged care.
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