AUL HY2023 Investor Presentation
IAL highlights
Home Care Services (HCS)
Residential Communities
Australian
Unity
Real Wellbeing
Health Services
(Remedy Healthcare & Dental)
Developments
•
•
Adjusted EBITDA of $18.4m-an increase
of 59.2% on the PCP
More than 1.2m hours of care delivered
by 2,683 care workers
Total Home Care Packages (HCP) under
management reached 10,238 (30 June
2022: 10,043)
Aboriginal Home Care business unit
delivered an adjusted EBITDA of $1.5m
(31 December 2021: $0.2m) and delivered
approx. 97,000 hours of care to 2,500+
clients by 198 care workers
Disability Services was divested, with the
transition of customers and care workers
to another dedicated disability services
provider on 12 December 2022
AUL HY2023 Investor presentation
•
•
•
Operated 11 integrated retirement villages
and residential aged care precincts (30 June
2022: 10) and 12 standalone retirement
villages (30 June 2022: 13) across NSW,
Victoria and Queensland
Comprising 2,664 independent living units
and 1,125 aged care beds (30 June 2022:
2,664 ILUS and 1,007 aged care beds)
following the commissioning of the rebuilt
Walmsley Aged Care residence in November
2022
Continued to confront the challenges of
attracting, retaining and managing necessary
absenteeism associated with COVID-19,
resulting in expenditure of $4.9m on agency
staff (31 December 2021: $0.7m)
Aged care portfolio successfully transitioned
to Federal Government's new aged care
funding instrument implemented on
1 October 2022.
Occupancy within aged care portfolio
reached 92% (30 June 2022: above 94%),
while occupancy within mature retirement
villages improved to 94% (30 June 2022:
93%)
Gross value of resales up 20% on PCP to
approx. $80m (31 December 2021: approx.
$67m)
•
•
Remedy Healthcare increased revenue by
33.9% to $28.5m, driven predominantly
by the Beyond Blue Support Service that
commenced operations in February 2022,
combined with an increase in activity
across the business as a result of easing
of COVID-19 disruption (31 December
2021: $21.3m)
Delivered 32,000+ hours of allied services
to HCS clients, an increase of 23.4% on
PCP
Delivered 3,600+ 'hospital substitution'
programs-an increase of 13.9% on PCP
(31 December 2021: approx. 3,200)
Ramsay Connect-joint venture with
Ramsay Healthcare-enrolled more than
1,400 patients into community care
hospital substitution and rehabilitation
programs, representing a 21.2% increase
in patient numbers on the PCP
Operated five dental clinics in Victoria
Patient visits increased by 12.7% to
25,756 (31 December 2021: 22,861)
Continued to work closely with
W&CM in progressing development
pipeline including its signature Better
TogetherⓇ small household aged
care model. Further information on
development activities within the
W&CM section of this report
Figures at 31 December 2022, unless otherwise noted
19View entire presentation