FY23 Full-Year Results Presentation slide image

FY23 Full-Year Results Presentation

Regis Healthcare Limited | FY23 Full-Year Results Presentation Lack of Quality New Beds to Meet Future Demand Elevated demand for quality aged care homes Ageing population with acute and sub-acute healthcare needs set to support demand Baby Boomer generation will demand higher quality and more premium service offering Circa 220,000 operational places in Australia at 30 June 20221, below forecast required residential aged care places of over 300,000 by 2030² Limited supply to service increasing demand New work and refurbishment of residential aged care facilities peaked prior to COVID-19 Inadequate Government funding, regulatory uncertainty, and COVID-19, has led to limited supply of quality new beds entering market in recent years Development approval delays and heightened building costs exacerbating supply squeeze ► Approx. 25% of current accommodation no longer fit for purpose² • Circa 135,000 new and refurbished beds required to be built Based on current cost of development, approx. $50 billion capital will need to be invested to close the gap Forecast Residential Aged Care Places Required ('000s)² 350 300 250 200 150 100 50 FY24 FY25 FY26 FY27 FY28 FY29 FY30 Existing Replaced New Value of Building Work Completed in the Australian Aged Care sector ($m)³ 800 700 600 500 400 300 200 100 1Australian Government - Australian Institute of Health and Welfare - GEN Aged Care Data 2ACFA Ninth Report On The Funding and Financing of the Aged Care Industry (July 2021) 3Australian Bureau of Statistics (ABS) Building Activity, Australia - March 2023 - 5- Jun-18 Jun-19 Jun-20 Jun-21 Jun-22 regis healthcare
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