Aged Care

New SATURDAY magazine: The “sweet spot” for mid-sized aged care providers revealed

Mar 27 2025 Updated March 27, 2025

Caroline Egan

1 min read

Diana Horvatovic, CEO St. Basil’s Aged Care NSW/ACT, and Cameron McPherson, CEO Medical & Aged Care Group, at LEADERS SUMMIT 2025 last Tuesday.

At the sold out LEADERS SUMMIT in Sydney last week, a panel led by Cynthia Payne, Founder and Managing Director of aged care and retirement living consultants Anchor Excellence, shared the benefits of operating as mid-sized aged care providers.

Also on the panel were Cameron McPherson, CEO of private Medical & Aged Care Group (MACG), Diana Horvatovic, CEO of Not For Profit St. Basil’s Aged Care NSW/ACT, and Tim Humphries, CEO of private operator Homestyle Aged Care.

The panel identified a "sweet spot" for size of operation and more insights. Read all about it in the new issue of SATURDAY, out tomorrow. Subscribe to SATURDAY here.

Estia Health buys two of Mark and Evette Moran’s three aged care homes

Bain-capital owned Estia Health is continuing its acquisition campaign with the announcement it is purchasing two aged care homes from Mark Moran Group, homes at Little Bay and Warrawee in Sydney, NSW.

Click here

Caroline Egan

20 Mar 2025

Government Policy

Retirement Living Council demands Aged Care Act be delayed

Its Executive Director Daniel Gannon has listed six reasons why the Albanese Government should delay the 1 July introduction of the new Aged Care Act.

Click here

Ian Horswill

24 Mar 2025

Government Policy

Budget 2025: what it means for aged care providers

The Federal Budget announced by Treasurer Jim Chalmers on Tuesday night has built upon the reforms already taking place, but failed to allocate any money or end the uncertainty providers are facing with the implementation of the new Support at Home...

Click here

Ian Horswill

26 Mar 2025

Opinion

Village operators relying on external Home Care take note: 105 days to new regs

Home Care is about to change significantly. You should know one reason but you are unlikely to know the second. Home Care changes to a new system titled Support at Home (S@H) on 1 July, just 105 days from now, or 71 working days. A lot of the...

Click here

Chris Baynes

17 Mar 2025

Aveo decides to keep its two Tasmanian retirement villages as part of sale

In April 2024, the Brookfield-owned retirement village operator announced it was selling its 15 retirement villages in South Australia and its two villages in Tasmania to become an East Coast operator. In August last year, Aveo announced it had sold...

Click here

Ian Horswill

24 Mar 2025

Topic - Acquisitions

Mergers & Acquisitions

BaptistCare acquire two Sydney retirement villages and last residential facility owned by Presbyterian Aged Care

The Not For Profit has announced this afternoon (Monday 24 March) has acquired Presbyterian Aged Care’s eight-unit Iona Village and the 66-bed Minnamurra aged care home in Drummoyne, 6km west of Sydney’s CBD, and the 25-unit Pitt Wood Village in Ashfield, 8km west of the CBD.

Click here

Ian Horswill

24 Mar 2025

Topic - Acquisitions

Mergers & Acquisitions

Estia Health buys two of Mark and Evette Moran’s three aged care homes

Click here

Caroline Egan

20 Mar 2025

Topic - Acquisitions

Mergers & Acquisitions

Respect makes first foray into WA aged care operations

After over 40 years of ownership, Amana Living is set to hand over its aged care home, retirement village and home care services in the regional town, around 593km west of Perth, to the rural and regional specialist – marking the acquisition of Respect’s 28th aged care facility.

Click here

Lauren Broomham

20 Mar 2025