Asset Management

MDFM

Dec 16 2024 Updated December 17, 2024

Group Editor

1 min read

MDFM provides asset management, facility management and outsourced maintenance services for aged care and retirement facilities throughout Australia.

Contact

Jess Johnson

► Account Director
► jessjohnson@mdfm.com.au
► http://www.mdfm.com.au/
► +61 2 9742 5001

Estia Health buys seven homes from David Di Pilla’s Aurrum Aged Care

The two businesses have announced Bain Capital-owned Estia Health will buy Aurrum Aged Care’s three homes on the NSW Central Coast in Erina, Norah Head, and Wyoming and the four homes in Melbourne - Brunswick, Healesville, Plenty, and Reservoir -...

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11 aged care providers ‘named and shamed’ by the regulator for failing care minute targets

The Aged Care Quality and Safety Commission has named 27 residential aged care homes and eleven providers who have been hit with ‘enforceable undertakings’ for failing to meet their care minute targets. Nine of the 27 homes listed are operated by Tricare.

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Caroline Egan

16 Jan 2025

Government Policy

Inspector-General restates disappointment in continued rationing of aged care: Ian Yates AM’s parting statement

In signing off on his time as Acting Inspector-General of Aged Care, Ian Yates AM has provided a statement to The Weekly SOURCE drawing attention to the Government’s “severe” under-resourcing of the office.

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Caroline Egan

13 Jan 2025

Mergers & Acquisitions

Why Ingenia Communities is winding up its five managed funds

CEO John Carfi said the decision to wind up its managed funds was consistent with the Ingenia’s intention to refine its portfolio and simplify operations. “The capital released will contribute toward further investment in our development...

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Ian Horswill

09 Jan 2025

Silverchain Group appoint Haydn Chrystal as Chair after Anne Skipper AM’s retirement

Australia’s leading provider of in-home health and aged care has announced its new Chair after the retirement of Anne Skipper AM who has chaired the business for more than 14 years. “It has been an incredible privilege to Chair first RDNS and...

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11 aged care providers ‘named and shamed’ by the regulator for failing care minute targets

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Caroline Egan

16 Jan 2025

Government Policy

Aged Care Minister Anika Wells promoted to Cabinet for role in “most significant reforms in aged care this century”

In recognition of her successful role in getting aged care reforms through parliament, Prime Minister Anthony Albanese has promoted the Minister for Aged Care Anika Wells to Cabinet as part of a pre-election reshuffle brought on by the departure of NDIS Minister Bill Shorten.

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Caroline Egan

16 Jan 2025

Government Policy

Department’s $580,000 aged care Star Ratings evaluation reveals what operators already know

Management consultants Allen + Clarke found Australia’s Star Ratings system has incentivised improvements to the quality of aged care services but “perceived inaccuracies” in the staffing and compliance ratings and ”negative media coverage” had eroded trust in the system.

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Caroline Egan

16 Jan 2025