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"No business case to build": aged care CEOs share growth outlook on reforms

Summary by The Weekly SOURCE

For Not For Profit aged care provider Respect, which is based in Devonport, Tasmania, "acquisitions will go on", but the fact the sector isn't adding new beds is becoming "a critical issue", CEO Jason Binder told The SOURCE this week. "I don't think the 1 July 2025 changes will be enough to trigger the amount of new builds we need to meet the baby boomer demand," he said. Respect Aged Care has grown from 12 aged care homes in 2021 to 26 today,…

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The Weekly SOURCE

"No business case to build": aged care CEOs share growth outlook on reforms

For Not For Profit aged care provider Respect, which is based in Devonport, Tasmania, "acquisitions will go on", but the fact the sector isn't adding new beds is becoming "a critical issue", CEO Jason Binder told The SOURCE this week. "I don't think the 1 July 2025 changes will be enough to trigger the amount of new builds we need to meet the baby boomer demand," he said. Respect Aged Care has grown from 12 aged care homes in 2021 to 26 today,…

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The Weekly SOURCE broke the news in 3 months ago on Thursday, December 5, 2024.

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