has significantly increased its funding to the sector— though this comes with strings attached. Providers are now held to a higher standard, emphasising measurable outcomes, including quality of care, resident satisfaction, and operational transparency. “This is driving a lot of consolidation in the industry,” Holmes explains. “Smaller organisations can’t keep up with the compliance demands, so we’re seeing a lot of mergers and acquisitions.” While this wave of consolidation may be daunting for some, Holmes views it as a critical step toward long-term sustainability. In his view, aged care is no longer viable as a “cottage industry” characterised by fragmented services and limited scalability.The new regulatory landscape demands scale, sophistication, and higher organisational maturity. “For those who can evolve, there’s a real opportunity to raise the bar for everyone,” Holmes says. “It’s the right direction. It means better care, accountability, and lives for the people we support.” Integrated Healthcare Solutions Comprehensive Workforce Solutions for Australia’s Healthcare Sector Key 2 Care Health Solutions delivers end-to-end healthcare sta ng by recruiting Internationally Qualified Nurses, AHPRA-registered professionals, and enrolled nurse graduates, while also placing students in nursing and aged care programs. We support workforce growth through flexible training options and expert compliance services, ensuring skilled, reliable sta and regulatory peace of mind. key2learning.edu.au | 02 6130 0100 o ce@key2learning.edu.au 24 BUSINESS VIEW OCEANIA VOLUME 07, ISSUE 04
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