Apollo Care acquires two more homes

New South Wales country provider Tenterfield Care Centre has this week voted in favour of joining specialist regional aged care provider Apollo Care.

New South Wales country provider Tenterfield Care Centre has this week voted in favour of joining specialist regional aged care provider Apollo Care, the latter has announced.

The decision – secured at a special general meeting on Monday 13 November with 87 per cent support and in response financial and operational pressures – adds another two homes to Apollo Care growing portfolio of 9 existing communities.

TCC is a community-managed not-for-profit service providing 82 beds across the Haddington and Millrace nursing homes in the New England town of Tenterfield.

TCC chair Greg Sauer welcomed the decision, calling Apollo Care a great fit. “We’re pleased to be joining Apollo Care as we can now continue providing quality aged care to our residents and guarantee our employees will keep their jobs. Importantly, we can also complete construction of a new wing at Haddington to bring 28 new beds online for the wider community,” Mr Sauer said

However, TCC’s brand and community links will remain the same, along with employees’ conditions of employment and residents’ living agreements, after Apollo Care becomes the approved provider on 28 November.

Apollo Care is a professional manager of aged care communities, retirement villages, home care services and affordable housing. This is the latest in a spate of mostly regional aged care home acquisitions – the most recent was Yackandandah Health in Victoria. All come from community or religious charitable organisations and in need of support to ensure its future.

Apollo Care chief executive officer Stephen Becsi said he was delighted to welcome Tenterfield Care Centre into the alliance.

Stephen Besci

“We have an excellent track record of strengthening regional aged care communities across Queensland, New South Wales and Victoria, and we understand the unique challenges of residential aged care in regional and rural settings like Tenterfield.”

He said Apollo Care would initially focus on:

  • attracting staff
  • implementing state-of-the-art systems and procedures across IT, culture and governance
  • completing 28 new beds at Haddington.

“This is a win for the Tenterfield community and the continuation of a terrific 35-year success story,” said Mr Becsi. “Together, we’ll grow to meet the strong regional demand for excellent aged care.”

Have we missed a merger or acquisition? Send us the details and an image to editorial@australianageingagenda.com.au

Tags: apollo care, featured, stephen becsi, tenterfield care centre,

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