International

Estia’s departing CEO Norah Barlow to lead NZ’s Heritage Lifecare

Sep 25 2018 Updated May 3, 2023

The Weekly Source

1 min read

Two months after handing in her resignation as CEO of Estia, Norah Barlow is revealed as the new CEO of NZ’s Heritage Lifecare, which operates 30 nursing homes with 2,204 residents.

Regarded as one of New Zealand’s leading businesswomen, she has been tapped on the shoulder by Australian private equity firm Adamantum Capital, who purchased Heritage earlier this year.

Janet Anderson out, new Aged Care Quality and Safety Commissioner in

The inaugural Commissioner of the Aged Care Quality and Safety Commission, Janet Anderson PSM, will depart the role next month after six years in favour of a new face.

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Breaking news: Fed Govt slashes $2.5B off aged care with new payments in arrears for residential aged care from 1 July 2026

With the Federal Budget slipping further into deficit over the next four years, the Mid-Year Economic Fiscal Outlook (MYEFO) 2024-25 has revealed the Albanese Government is looking to save on spending with aged care is in its sights. Presenting the...

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2024 aged care report card: pass for residential care, home care a failure

The final report card for the aged care sector looks very different depending on what services you deliver.

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Lauren Broomham

18 Dec 2024

Opinion

Will 2025 be the year the village sector realises it is no longer independent living?

Victoria has just released its new retirement village regulations, including for the first time acknowledgement of home care as a village service – operators beware.

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Chris Baynes

16 Dec 2024

Bain Capital-owned Estia Health reportedly secures $300M finance line

Estia Health has secured $300 million in financing from Japanese Bank Nomura, according to The Australian Financial Review’s Street Talk column.

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Caroline Egan

11 Dec 2024

Topic - Acquisitions

Mergers & Acquisitions

Sale price for Kiama Council’s Blue Haven Bonaira aged care home slashed by $6M

Perth-based aged care provider Hall & Prior will pay $89 million for the Council-built 134-bed aged care home in Kiama, south of Sydney, down from the $95 million original price tag, after additional building defects were identified.

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Caroline Egan

11 Dec 2024

Topic - Acquisitions

Mergers & Acquisitions

With its closest aged care home 1,200km away, St Vincent’s Care Services sells Townsville facility to Ozcare

Ozcare was established as part of the St Vincent de Paul Society Queensland in 1996 and nearly 30 years later has more than 50 locations throughout Queensland including 18 aged care homes, with several in and around Townsville

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Caroline Egan

11 Dec 2024

Topic - Acquisitions

Mergers & Acquisitions

Regis Aged Care and Estia Health complete acquisitions

This week, two acquisitions by Regis Aged Care and Estia Health were completed.

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Caroline Egan

05 Dec 2024