“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”
Two years on from its acquisition of Estia Health, Bain Capital is seeking to capitalise on the growing demand for residential aged care.
BaptistCare has confirmed the acquisition of 10 Western Australian retirement villages from Keyton.
"We have had $330 million in sales to date and have written $79 million in the last 30 days alone, with a forecasted additional $50 million extra sales projected between now and Christmas," LDK Seniors' Living CEO Byron Cannon.
