Only in SATURDAY: Aged care operators convert residential care to retirement villages

With an estimated $50 billion in capital required to build and refurbish new aged care beds to meet the forecasts in its latest Intergenerational Report, the funding model needs to fundamentally shift – and fast, say CEOs. In Victoria, Not For...

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by Lauren Broomham
Only in SATURDAY: Aged care operators convert residential care to retirement villages

With an estimated $50 billion in capital required to build and refurbish new aged care beds to meet the forecasts in its latest Intergenerational Report, the funding model needs to fundamentally shift – and fast, say CEOs.

In Victoria, Not For Profit VMCH is looking to a new model of seniors’ housing to remain financially viable and deliver the services that older people want and need. 

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