RSL Care teams up with healthcare investor

RSL Care will sell three residential aged care facilities, at Banora Point, Hervey Bay and Alexandra Headlands, to Generation Healthcare but will continue to operate services at these sites under a long term lease. The co-located retirement villages will remain under the full ownership and management of RSL Care.

According to RSL Care the agreement will support it’s capability to expand operations across the eastern seaboard and deliver more health and wellbeing services for senior Australians.

Luke Greive, Acting Chief Executive Officer says that RSL Care understands that to meet the growing and changing needs of Australia’s ageing population will require an agile approach to delivery of services as well as growth of service capability.

“This is an innovative financing arrangement in the aged care sector that will enable RSL Care to respond to rapid demand growth for these much needed services.  We are pleased to have developed this agreement with GHC, whose successful track record of working exclusively in healthcare property make them the right choice for our organisation,” Mr Greive says.

“This agreement allows RSL Care to provide service continuity within well-designed built environments which are an important component of a positive customer experience, while enabling us to focus our investment on service delivery,” says Mr Greive.

“We are investing in our people and in service innovation to meet the changing health and wellbeing needs of an evolving ageing population.”

“For our residents this transfer will be invisible.  There will be no change to the services they receive or the look and feel of their residences.”

RSL Care will collaborate with Generation Healthcare to source and secure further residential aged care property opportunities.

Mr Greive has spoken many times of the need for disruption and innovation within the aged care sector to achieve transformational reinvigoration of the ageing experience.

“This agreement will further enable RSL Care to focus on customer-led, co-creation of services to support senior Australians to make the most out of life through wellbeing and independence,” he says.

“The continuum of health and wellbeing of our existing residents is our primary driver. We are co-designing services and products which will help us to sustain growth while keeping our customers at the heart of everything we do.”