The private aged care operator has boosted its already significant presence on the Gold Coast and Sunshine Coast.
The purchase of Calvary Health Care's three Queensland aged care homes, Calvary Robina Rise, Calvary Noosa and Calvary Gympie Views represents an additional 406 aged care beds for Estia Health, which is expected to take on the operations from early December. Estia Health, which was bought by Bain Capital for $838 million in December 2023, already operates 75 aged care homes in Queensland, Victoria, South Australia, and New South Wales, with more than 8,000 residents and 10,000 staff.
"As a provider of 75 residential aged care homes across Australia, we are proud to offer individualised care and support to our residents and their families at an incredibly important time in their lives," said Estia Health CEO Sean Bilton (pictured).
In February, Estia Health was one of few aged care providers lodging plans to build amid uncertainty about the future of aged care reforms, submitting plans to develop a 124-bed greenfield aged care home in Findon, 9km northest of Adelaide, SA. The site was one of two development sites that Estia Health acquired with its acquisition of Premier Health Care in 2022, along with four aged care homes. The other site, located in Myrtle Bank, 5km south of Adelaide city, has also been expanded.
In August 2023, Estia Health announced it would acquire Not For Profit aged care provider Royal Freemasons' two aged care homes in Benalla and Bendigo, Victoria, and move staff and residents from its outdated homes to the more modern Royal Freemasons' homes.
