A N NUA L R E P O RT 2 0 18
The demand for our style of village in Victoria is high. One reason is that many couples who’ve been together for 50 years are having to be separated because many of the villages don’t cater for people at the different stages of their health span.
Providing integrated care is one of our points of difference Providing integrated care adds a massive amount of complexity, risk, and cost to what we do. If we wanted to de-risk our business and focus purely on the short term, we would build our villages with fewer care beds. But developing integrated care is critical if New Zealand and Victoria are to meet the needs of their ageing populations.
We recognised the need for integrated care 30 years ago because we’ve always focused on the needs of the residents.
Residents moving into independent living in our villages are aged, on average, 79. The average age of residents moving into our assisted living is 86. We’ll always have older people who need help and who can’t live at home. Being able to provide integrated care is a real strength of our company compared to lifestyle operators with only independent-living units and a more limited care offering.
39