Be Prepared: Home care sustainability and mergers in light of industry reform and consolidation

The home care sector is facing turbulent times, with many providers concerned about their sustainability.  Home care reforms, which are seeking to strengthen provider governance and give consumers a greater say represent a fundamental shift for many providers’ service/business models.  This shift and increasing compliance are coming just as high inflation and workforce shortages are starting to bite.

This webinar will explore the big picture and sustainability challenges driving industry consolidation. Attendees will gain an improved understanding of why providers are pre-emptively or reactively preparing to merge. We will explore the process and what that looks like from a strategic and legal perspective.  For those not wishing to merge, we will also explore alternatives to mergers (e.g. alliances, shared services).  This will help you assess how to prepare your organisation for the challenges ahead.

Key takeaway from the webinar:

• Understand the big picture and drivers for home care industry consolidation.
• Understand alternative business models for improving sustainability.
• Understand the practical steps/processes for considering and implementing a merger.
• Understand how you can prepare your organisation for the possibility of a merger.

Speakers:

Jonathan Teh, Principal, Russell Kennedy Lawyers

Jonathan Teh assists his not-for-profit, care and community services clients with their governance, legal structures and commercial contracts. He regularly helps to create, merge and restructure not-for-profits. He also advises on corporate governance, Corporations Act issues, design of Boards and membership, modernising constitutions and contentious member meetings. Jonathan also develops funding agreements, services/management agreements, health practitioner agreements and NDIS service agreements.

Aaron Goldsworthy, Senior Consultant, Australian Strategic Services

A Senior Consultant with Australian Strategic Services for over 8 years. Aaron works with boards in the aged care, healthcare, disability and related fields. His work includes strategy, corporate and organisational governance, business and organisational development and mergers.

This webinar is a joint initiative of the Sector Support & Development teams at Community Industry Group (CIG), Ethnic Communities’ Council of NSW (ECCNSW), Hornsby Shire Council, Macarthur Disability Services (MDS), Sector Support Central Coast, Social Futures, STARS and Your Side.

Register here