Best of BusinessDesk: Funding ‘crisis’ drives listed providers out of aged care

“We're staring down the barrel of a bit of an aged care crisis,” Aged Care Association's Liz Robinson says. (Image: Getty)

Gregor Thompson

Thu, 09 Jan 2025

This article was originally published on April 10, 2024.The property at 10 Dawick St in the small Horowhenua town of Foxton Beach was, until it shut down in late 2022, the only aged-care facility in the area.Of Riverside Lodge’s 19 residents, general manager Mark Buckley told BusinessDesk, 16 moved 6km inland to the company’s only remaining facility, Lonsdale Total Care. The other three moved further afield. Buckley blames nursing costs, inflation and other factors for the closure, but all lead back to a common denominator: a l...

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