Aged Care in the Red: Real Strategies to Restore Viability – with Stu Hutcheon (StewartBrown) (Ep 2)

Stuart Hutcheon from StewartBrown returns to unpack the financial realities facing aged care providers, revealing why profitability remains out of reach and what strategic moves can rebuild sector sustainability. They dive into the stark numbers: residential homes losing $3.10 per bed daily, workforce costs surging 60% since 2021, and the complex challenges of care minutes, technology adoption, and pricing strategies.  A candid chat of the financial pressures, policy constraints, and potential solutions that could transform aged care from a struggling sector to a viable, patient-centered industry. See omnystudio.com/listener for privacy information.