Mutual organisation Australian Unity has signed an agreement with the NSW Government to accept the transfer of the Home Care Service of NSW in a $114 million deal due to be finalised by early 2016.
Under the agreement, staff and clients will transfer to Australian Unity and Australian Unity will continue to provide all services.
The Home Care Service of NSW is one of the largest home care providers in the country, with a 70 per cent market share in NSW for domestic assistance and personal care.
The 70-year old Home Care Service had revenues of $234 million last financial year, and its 4,000 employees provided services to over 51,800 clients.
Derek McMillan, the company’s senior executive with responsibility for the area, said Australian Unity would not only honour the requirement of the NSW government for continuity of service of the Home Care operations, but also seek to provide increased levels of care as clients’ needs change.
“We see the extensive range of services as one of the key benefits we bring to clients of Home Care.”
Australian Unity said the service’s Aboriginal Home Care unit would retain “its important and unique identity” delivering culturally appropriate services across NSW.
Australian Unity is a mutual company with no external shareholders and with customers and staff as its members. It reinvests profits into expanding services, it said.
United Voice said it welcomed the certainty provided by today’s announcement and the decision to sell the service as a single entity to Australian Unity.
“Today’s announcement is a sigh of relief to thousands of workers across the state and thousands of clients and their families knowing that the future of home care will be with Australian Unity. Home care workers look forward to working constructively with Australian Unity to ensure the best quality of care for all clients,” said Mel Gatfield, assistant secretary of United Voice.
Under the agreement, Home Care staff will transfer to Australian Unity with their existing employment terms and conditions.
Last year, Australian Unity acquired INS Health Care in NSW, the home care division of The INS Group.
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