At the recent LEADERS SUMMIT 2025, James Wiltshire, Executive Director of the DCM Institute, asked Aaron Lavell, Director of Odyssey Lifestyle Care Communities, and Byron Cannon, CEO of LDK Seniors' Living, what the incoming Support at Home reforms will mean for their businesses.
The reforms will overhaul home care pricing.
Both Odyssey and LDK offer home care services at cost in their retirement villages. However, Aaron said some prices might have to come down at Odyssey to remain competitive in the market, but overall they're not overly concerned.
Byron said their model tends to rely on regular care plan revisions, so the reduction in the care management fee is likely to have an impact, and they will have to adjust "levers" accordingly.
To find out more, including what the longer tenure for private aged care means for private aged care valuations, you can view the whole panel discussion online - see link below.
This session was one of more than two dozen held at 2025 LEADERS SUMMIT, DCM Group’s flagship strategy and networking event focused on the strategic challenges and opportunities facing aged care and retirement living operators.
DCM Group has now made nearly all the presentations from the SUMMIT available on The Weekly SOURCE website to support the industry with ongoing leadership and strategy development.
You can watch them at: theweeklysource.com.au/leaders-summit-2025
