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Group Homes Australia has opened 8 boutique homes since 2011 bankrolled for $3.5M by private investors. It was founded by Tamar Krebs (pictured), who has over 18 years’ experience in managing nursing homes and dementia units.
72% of home care providers recorded a net profit in 2014-15, up 6% from the earlier year, according to the latest annual report from the Aged Care Financing Authority (ACFA).
The Department of Health has opened allocations for over 10,000 national residential aged care places for next FY this week, after widely advertising on a range of channels over the weekend.
With the Estia share price at just over 50% of what it was floated for in December 2014 despite a number of acquisitions, the discussion around town is will somebody make a move to buy it cheap.
The 51 workers at Park Lane Residential Aged Care in Melbourne’s Croydon North will each take home over $37,000 after the division one win in last week’s Tattslotto draw.
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