4e5de92440bae1c44bf26d5fe8cc17a2
Log in
Menu
Log in
Search
© 2024 The Weekly SOURCE
Topic - Acquisitions

Sydney aged care facility reaccredited after new owners Carino Care step in

1 min read

The Sylvania Heights facility. Credit: The Leader

As we reported here, Tierra Healthcare, operating under the name of Carino Care, took over four of Ark Healthcare’s aged care facilities in Russell Lea, Oatley, Sylvania and Rockdale in August.

Now the Department of Health has approved the reaccreditation of the Sylvania Heights facility – just three months after a June audit found it had passed only 19 of the Australian Aged Care Quality Agency (AACQA)’s 44 accreditation standards.

An August audit conducted after Tierra – which is led by its chairman and former ECH CEO and ACSA National President Rob Hankins – assumed ownership found the home met all 44 outcomes.

Top Stories
Community Living

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...

Ian Horswill
22 Apr 2024
Acquisitions

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham
24 Apr 2024
Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill
16 Apr 2024
Opinion

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes
22 Apr 2024
You might also like
Technology

Only in SATURDAY: the virtual hub bridging the aged care nursing gap

Read more in this week’s edition of our premium digital magazine, SATURDAY

Caroline Egan
23 Apr 2024
Technology

Leading Not For Profit Calvary Health Care in deal with Salesforce for new home care platform

Not For Profit integrated health care organisation Calvary Health Care has selected Customer Relationship Management (CRM) platform Salesforce to develop technology provide a seamless healthcare experience for clients, aged care residents, patients, and

Caroline Egan
23 Apr 2024
Technology

Aged care training provider Altura Learning appoints Paul Goudie CEO

Aged care training provider Altura Learning, which is owned by Australia’s largest independent Not For Profit aged care provider, Bolton Clarke, had appointed education and technology expert Paul Goudie as its new CEO, effective 5 April 2024. Paul...

Caroline Egan
23 Apr 2024
Technology

Only in SATURDAY: will telehealth carts be the new norm for retirement villages and aged care?

Sydney-based aged care and retirement living provider Royal Freemasons’ Benevolent Institution (RFBI) has invested $300,000 to support its large footprint in rural and regional areas where many residents struggle to access healthcare quickly. The...

Lauren Broomham
22 Apr 2024
Log in