Telstra Health pays $95M for majority stake in PowerHealth and employs its creator
Telstra Health, which provides software products, solutions and platforms for the aged care sector, is…
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Curtin Heritage Living enter home care sector with acquisition of SHINE Community Services
Not For Profit West Australian residential aged care and independent living operator Curtin Heritage Living…
Chicken killers facing aged care accreditation revoked over not returning deposits to former residents in Victoria
Two former bankrupt brothers convicted of appalling animal cruelty face having their aged care accreditation…
Stockland’s new CEO puts faith in land lease sector with $620M Halcyon purchase
Stockland’s new CEO Tarun Gupta has staked his name on the land lease sector with…
Lifestyle Communities buys land adjoining its St Leonards community – share price up 85% in 12 months
Land lease operator Lifestyle Communities has told the Australian Stock Exchange it will add another…
David Di Pilla’s HomeCo adds $110M healthcare property portfolio to be a major player
David Di Pilla (pictured above), strategist and director of the emerging private aged care provider…
Australian Unity finalises takeover of retirement village and aged care operator Greengate for $65M – raising question on price
Health, wealth and care group Australian Unity has informed the ASX it has finalised the…
Summerset Group posts best half-year result in the company’s history
New Zealand and Australian retirement village operator Summerset Group has posted its highest sales of…
Latest StewartBrown survey: 54% of aged care homes still operating at a loss – even with COVID-19 funding. Occupancy down 1.66%
28% of homes were running at an EBITDAR (cash) loss for the nine months to…
Home care sees revenue rise on the back of reduced costs and staffing hours: StewartBrown analysis – unspent funds reach $1.5 billion
Home care operators have fared better than residential care providers in StewartBrown’s March 2021 financial…