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The Government currently funds $8.5M a year to nine consumer advocacy groups to critically review and report on residential aged care on the ground performance.
UK publication Care Management Matters is reporting over 25% of all UK care home operators are at risk of failing or needing a financial rescue. That’s around 6,600 nursing homes that could close over the next three years.
The SA Government has announced it will follow the NSW lead and outsource its in-home care services and some disability services to a private operator.
The global credit specialist has made its first investment in the sector, paying between $50M and $100M for the family-run operator, which had been owned by director and CEO John Gillett (pictured) for over 13 years.
Local providers are being invited to take part in an Australian Masterclass Roadshow being held across three major Chinese cities – Beijing, Chengdu and Shanghai – from 24-28 April 2017.
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