Not For Profits taking the lead – ARV and Anglicare merging

At our LEADERS SUMMIT last March industry veteran and Chairman of Ingenia, Jim Hazel, said “The future of retirement living belongs to the Not For Profits – they have the balance sheets, they have the brands, they have the care services and they have the executives to dominate in five years from now’.

Proving his point in two weeks’ time (1 July) Sydney’s Anglican Retirement Villages and Anglicare will merge to create a ‘formidable’ competitor in the retirement village and aged care markets of Sydney and the Illawarra.

To be called Anglican Community Services, the merged organisation will feature approximately 3,800 staff (F/T and P/T) and 2,900 volunteers. It will provide aged care services to 6,600 people living in the community and operate 20 Day Centres, 22 Retirement Villages, 22 Residential Aged Care Homes, 9 Community Service Centres and 1 overnight Respite Centre – all within Sydney and the Illawarra region.

They jointly serve 50,000 customers.

The merger is very strategic. In a joint video (click HERE) the two CEOs, rob Freeman at ARV and Grant Millard at Anglicare, explain that they are building scale to respond and lead the new, competitive marketplace. Both know what they are doing.

Rob Freeman’s career includes Managing Partner of Deloitte Touche Tohmatsu, Exec. GM of One Steel and managing Director of Capral, the country’s largest supplier of aluminum products and systems.

Grant Millard has been a barrister, a Partner at Arthur Andersen and Director of Tax at Coca-Cola here and the UK.

The two executives worked together to conceive and deliver the merger. It was signed off just 45 days ago by the Synod of the Anglican Diocese and legally comes into effect 1 July – 60 days later.

They join Not For Profit Uniting, with 69 villages plus over 200 locations delivering care services in NSW.

By comparison Aveo, Stockland and lendlease have exactly 19 villages each across NSW. Only Aveo is making a significant commitment to in-house aged care services.
(https://www.youtube.com/watch?v=zMm9E3OIep0&feature=youtu.be)
One Fell Swoop 2016 UK village study tour announced: 16-26 October
Marketing and consulting group One Fell Swoop has announced its this annual Retirement Living study tour. Having covered the West Coast and East Coast of the US, they are heading to the UK. All report are that these tours are great learning experiences. 22 senior executives have already registered interest before the official program has been released.
A sample of the speakers confirmed in London include:
• Michael Voges, Executive Director of Associated Retirement Community Operators (ARCO) — speaking on the state-of-play in the UK and current issues facing the industry
• Jane Ashcroft, CEO of Anchor — England’s largest not-for-profit provider of housing and care for older people
• Nick Sanderson, CEO Audley Retirement – developer and manager of luxury retirement villages throughout the UK, with eight sites currently in operation and several in development
• Richard Davis, CEO of LifeCare Residences – a global retirement village operator with developments in the UK and NZ
• Amar Sheik, CEO of Berkeley Healthcare – developer and manager of two luxury retirement villages in the UK

Places will be limited. Click HERE for more information.
ACSA launches ‘Old, frail and invisible’ election campaign
ACSA CEO Adj Prof John Kelly said elderly, frail residents of aged care facilities will bear the brunt of the $1.2 billion cuts announced in the 2016/17 Budget, and has commenced the Old, frail and invisible campaign to get this message out.

ACSA’s is demanding a halt to the 2016/17 proposed Budget cuts and a review of the Aged Care Funding Instrument (ACFI) and finalisation of the National Aged Services Workforce Strategy.
For more on ACSA’s Federal Election campaign, Old, frail and invisible, and what the cuts will mean for elderly Australians visit:
www.agedcare.org.au/acsa-federal-campaign www.facebook.com/ACSACampaign2016