The price tag to future-proof residential aged care
“Australia is currently building a fraction of the beds we need,” says Ageing Australia CEO Tom Symondson
The Thursday Source
Southern Cross Care (Tas) to close aged care home amid sector-wide contraction
“Southern Cross Care has seen a shift from Residential Aged Care towards Home Based Care over recent years. Accordingly, to adapt to this changing dynamic, we have made the difficult decision to close Rosary Gardens”
Bain Capital’s staggering aged care valuation of Estia Health
Two years on from its acquisition of Estia Health, Bain Capital is seeking to capitalise on the growing demand for residential aged care.
Another local council slams CHSP funding
“The reality is that the current funding model no longer covers the true cost of delivering these services, leaving local councils to fill the gap”
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