Aged care facility calls for investors to secure future
GRAFTON Aged Care Home have announced the next chapter for the facility, with expressions of interest called for organisations to invest and develop the facility into the future.
Bentleys Accountants consulting business manager Kevin Dixon said the board of the facility, most of whom are descendants of the facility's four original founders, have developed plans to ensure the facility can continue to provide the aged care service the community has come to expect.
"What needs to happen with facilities like this one, which have stood the test of time and supported the community well, need a lot of money invested," he said.
"The expectations of aged care has continued to increase, as has demand. To expand the number of places to keep up with demand, the current board has come to the conclusion that without some kind of external assistance they don't have the necessary ability to make all of the investments in the time frame they need to be made in their view to address the needs of the facility and the community.
"The board has decided that it's time they had a look and see if there's a better way they can serve their community and meet all these expectations and do all the expansions that are currently outside of their abilities, so that's what this process is about."
Grafton Aged Care Home director of nursing Julie Spicer said she is excited about the potential for the future of the facility.
"I've been excited from the time the board suggested that this could be the way forward for the facility, and considering the place it's held in the community for many years, it's nice to see the board being proactive in looking towards the future of the home," she said.
"I can see the positives of a decision like this, and I can see the benefits of being in a large organisation where time can be spent with the corporate area doing things that we would normally spend time on in a small facility, whereas our time can be better spend in providing the level of care which I think is important."
Mr Dixon said there is strong interest in the aged care marketplace and is confident there will be offers to invest or buy the facility.
"The board will only move if they're convinced the future needs will be met by the decision they make," he said.