Oceania Health targets wider margins with high-end aged care strategy

Thu, 25 Jan 2018

By Sophie Boot Jan. 26 (BusinessDesk) - Oceania Healthcare is going upscale with its aged-care offering, targeting suites that attract a variety of fees over and above the government funding accompanying a traditional care bed. The Auckland-based company has 51 sites around the country with 3,893 care beds, care suites and units, and 1,782 more in the development pipeline, of which 59 percent are either under construction or consented. Currently, 66 percent of the company's portfolio is in care beds, with 7 percent in care suites and...

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