ARTICLE
9 December 2014

Residential aged care industry: Consolidation and convergence

K
KordaMentha

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KordaMentha, an independent firm in Asia-Pacific, specializes in cybersecurity, financial crime, forensic, performance improvement, real estate, and restructuring services. With a diverse team of almost 400 specialists, they provide customised solutions to help clients grow, protect from financial loss, and recover value. Trusted since 2002, they deliver bold, impactful solutions for clients.
The residential aged care industry is likely to continue to grow as an ageing population drives demand for its services.
Australia Food, Drugs, Healthcare, Life Sciences

Overview

Residential aged care is a $14.0 billion industry that is highly regulated and dependent upon Federal Government funding for two thirds of operating revenue. The industry has experienced growth over recent years and is likely to continue to do so as an ageing population drives demand for its services.

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