US EditionHow to make residential aged care viable: UARC
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How to make residential aged care viable: UARC
Residential aged care providers have seen improved operating results, but continued losses in everyday living and accommodation are eroding the sector's viability, according to the latest UTS Ageing Research Collaborative (UARC). UARC's 134-page Aged Care Sector Mid-Year Report 2024-25 states that in the six months to 31 December 2024, nearly half of all homes (48%) operated at a loss, an improvement from the 64% operating at a loss for the same…
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