BaptistCare adds three sites to growing portfolio
BaptistCare NSW & ACT has entered into an agreement to acquire three aged care facilities from Tullich Family Communities.
BaptistCare NSW & ACT has entered into an agreement with Tulich Family Communities to acquire three aged care facilities in central west New South Wales and south-west Sydney.
The acquired sites are Kintyre Living Retirement Village and Lodge in Dubbo; Durham Green Retirement Village, Manor and Lodge in Menangle; and Blue Hills Retirement Village and Manor in Prestons. It comes a year after BaptistCare bought The Grange Lifestyle Village in Wagga Wagga.
BaptistCare chief executive officer Charles Moore said the latest acquisitions were both part of the not-for-profit provider’s growth strategy and a consequence of the many difficulties facing the sector.
“As a result of the increasing regulatory pressure, funding challenges, and changing customer demands we are now seeing increased consolidation in the sector. At BaptistCare our focus is on expanding our services with geographical clusters where we have a footprint, with likeminded organisations, that will enhance the continuum of care we can offer our residents and clients across NSW and ACT.”
The three facilities, collectively, comprise of 251 residential aged care beds and 410 independent living units.
More than 240 staff will provide care and services to 650 residents.
All existing staff will be offered employment by BaptistCare and will take over the running of the sites from late March.
Tulich Family Communities was founded in 1995. Co-founder Maurice Tullich said the sale marked the end of an era for the family-owned organisation.
“Our decision to sell these three properties wasn’t an easy one. However, we firmly believe in BaptistCare we’ve found an organisation which will build on our legacy. They share our values and principles and will continue to deliver the standard and quality of care our facilities have become well known for.”
Mr Moore said BaptistCare was excited to welcome all residents and staff to the sites during the coming months. “We’ll work closely with staff and residents to ensure a seamless transition.”
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