Topic - Aged Care

US: 75% of nursing home operators which have “vested interest” deliver worse ‘care’

Feb 05 2018 Updated May 3, 2023

The Weekly Source

1 min read

Nursing homes that deal in these “related party transactions” also tend to have poorer outcomes for residents.

The analysis of nursing home financial records by Kaiser Health News showed nursing homes which outsource to related organisations “have fewer nurses and aides per patient, have higher rates of patient injuries and unsafe practices, and are the subject of complaints almost twice as often as independent [nursing] homes.”

A disturbing side effect.

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

Topic - Aged Care

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

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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

Why three-year fight to build 233 independent living units in NSW Mid North Coast is doomed

Congarinni North Pty Ltd’s appeal to the NSW Land & Environment Court to build 233 independent living units with recreational facilities, residential and visitor car parking on a 57.3ha site at Congarinni North, 1km northwest of Macksville, in...

Ian Horswill

22 Apr 2024

Topic - Developments

Court conciliation sees $40M senior housing development approved on NSW Far South Coast

Much-needed senior housing is going to be built in the town of Merimbula, 240km southeast of Canberra. Matthew Pullinger, Acting Commissioner of the NSW Land and Environment Court, said conciliation talks between Bega Shire Council and the...

Ian Horswill

22 Apr 2024

Topic - Developments

A sign of retirement living demand: AdventCare’s Stage 3 Pavilions Blackburn Lakes in Melbourne sold out as Stage 2 opens

The multi-award-winning Pavilions Blackburn Lake in Nunawading, 18km east of Melbourne’s CBD, is the definition of a perfect retirement community, according to Rob Macpherson, One Fell Swoop’s Retirement Living National Sales Director. “Stage 2...

Ian Horswill

22 Apr 2024

Topic - Developments

Keyton plant 1000 trees in major rehabilitation effort at its Sunshine Coast village development

Repeated protests have been held over the clearing for a co-located retirement living and aged care home on a five-hectare wallum habitat in Sunset Beach, about 3km from Noosa, identified as a priority feed area for the endangered Glossy Black...

Ian Horswill

22 Apr 2024