US EditionTwo in five home care providers unprofitable as margins squeezed: UARC
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Two in five home care providers unprofitable as margins squeezed: UARC
The seventh report from the UTS Ageing Research Collaborative (UARC) has highlighted concerns about profitability in the home care sector just months out from the new Support at Home program. UARC's 134-page Aged Care Sector Mid-Year Report 2024-25, which has been restructured to prioritise home care given the shift towards care in the home, states 40% of home care operators were operating at a loss in the six months to 31 December 2024. On aver…
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