Theweeklysource.com.au

2023 Year in Review: Aged Care

WEBEstia Health reported a profit after tax of $38.4 million for the 2023 financial year, compared to a loss of $9.6 million in FY22. Opal HealthCare announced the …

Actived: 8 days ago

URL: https://www.theweeklysource.com.au/aged-care/2023-the-year-in-review-aged-care

Why ACH Group’s Healthia is an Australian first

WEBACH Group CEO Frank Weits said the cross-sector partnership “will improve health outcomes for the local community, support the hospital system, and reimagine …

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Proposed 18% increase in RN wages would put aged care nurses …

WEBData provided to the FWC by the ANMF in response to a request by Commissioner Adam Hatcher during hearings in December last year, reveal the average …

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Health insurer Medibank breaks into home care market with …

WEBThe health insurance giant is “very focused” on moving into healthcare after buying out HealthStrong, which is Australia’s largest provider of allied health services to …

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Does Regis Healthcare’s latest acquisition herald the next wave of

WEBWith the ASX-listed provider announcing its first acquisition in four years, it appears that consolidation is accelerating as the ongoing reform agenda and continuing …

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Estia Health board recommends shareholders accept Bain Capital’s …

WEBEstia Health then allowed the private equity firm to conduct due diligence, which ended on 27 July 2023. Estia Health shares were trading at $3.09 as of 1pm 7 …

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Thompson Health Care plans big $50M 240-bed aged care facility …

WEBThompson Health Care plans big $50M 240-bed aged care facility for Sydney’s southwest. Nov 12 2018 Updated May 3, 2023. The Weekly Source. 1 min …

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Estia Health to open $47M Sydney aged care home next month

WEBEstia Health is also opening its newly built Aberglasslyn home, near Maitland NSW, in early December.. The ASX-listed provider has entered a Scheme …

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Mercy Health plan new four-storey aged care complex

WEBMercy Health wants to build a $45 million, four-storey aged care facility at Rosebud on the Mornington Peninsula, about 80km south of the Melbourne CBD. The …

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Telstra Health partners with CSIRO to accelerate digital solutions in

WEBTelstra Health, Australia’s largest digital health technology company, has signed a strategic relationship agreement with the national science agency CSIRO with …

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Department confirms major change to Home Care Packages in …

WEBAt the New Aged Care Act and Support at Home Program Update webinar, which 8,000 participants registered to attend, Nick Morgan, Assistant Secretary, Support …

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“Equivalent of a Home Care Package Level 5” from July 2025

WEBThe 1.5 hour webinar, which Nick hosted alone, was attended by more than 1,000 viewers. The Draft Support at Home pricing and manual will be out around …

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$48M turnaround: Estia Health makes profit after tax with sale …

WEBEstia Health, which purchased four residential aged care homes from Premier Health Care in December last year and a fully operational home in Mount Clear, …

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Jenny Parker appointed Chair of Catholic Health Australia, the …

WEBWith over three decades in the health sector, including in her current position as Health and Life Sciences Leader for Oceania at EY, Jenny Parker brings a …

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UnitingCare QLD sacks 340 including BlueCare aged care workers

WEBUnitingCare Queensland, one of Australia's largest charities, will lay off about 340 employees, mainly in its BlueCare aged care operation, the ABC is reporting, with …

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Catholic Healthcare withdraws proposal for $30 million aged care

WEBCatholic Healthcare withdraws proposal for $30 million aged care facility. The not-for-profit provider has retracted its development application for a facility in …

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Australian Unity buys private operator myHomecare Group to …

WEBAdding ‘intelligent scale’ Group Executive – Home Health, Prue Bowden, said that the acquisition offers the ability to add ‘intelligent scale’ to Australian Unity’s …

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Only one aged care provider left on ASX as Estia Health delists

WEBUS-based Bain Capital acquired Estia Health for $3.20 per share, less the aged care operator's 12 cents per share dividend. Estia Health shares were issued at …

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Opal HealthCare launches into South Australia with acquisition of …

WEBAustralia’s largest residential care provider has marked its entry into the state with the announcement that the Not For Profit’s five aged care homes in Adelaide …

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Aged care veteran Viv Padman launches first facility under new …

WEBThe former Padman Health Care founder has opened the $30M 145-bed Waterford@Hervey Bay, three hours’ north of Brisbane, the first of five development …

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Health Metrics refreshes eCase brand

WEBHealth Metrics has launched new branding for its eCase software based on the position “taking care of care”, reflecting the software’s focus on helping providers …

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