Australia’s Nursing Home Sector a ‘Mess,’ Bleeding $7,000 per Bed Every Year: Report

Australia’s residential aged care and home care sector is operating at a loss with a recent survey finding that each bed is losing over $7,000 (US$4,700) per year—a loss in excess of $345 million for the September quarter. This follows a 2022 population report that found Australia’s ageing population could pose a strain on the ……
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