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Business View Australia - August 2015 19
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technology and lower procurement
costs.
Companies running multiple aged
care facilities can also implement
more efficient administration systems
and have standardised recruitment
and staffing policies which permit
them to provide a consistent and high
level of care.
In addition to consolidation led by the
larger players, another trend that will
emerge is the separation of aged care
and retirement villages. While the two
branches of the industry are similar in
many ways there are also several basic
differences and many operators prefer
to specialise and focus in one area.
In the years to come the aged care
industry will continue to grow. But
operators will need to adopt a flexible
approach and cater to the changing
needs of the market if they are to
survive and grow.