Another seemingly obvious business model for the delivery of aged care in the form of member-led mutual organisations dates back more than 200 years. Yet there is only one major co-operative mutual enterprise (CME) in the aged care sector: Australian Unity, a friendly society that offers residential and home-care services.
CMEs active in other parts of aged care include housing and support services such as Meals on Wheels in NSW, primary healthcare, transport and a number of indigenous co-operatives in several sectors, including aged care.
Business Council of Co-operatives and Mutuals (BCCM) chief executive Melina Morrison believes member-owned organisations are a perfect match for those who need aged care services and those who provide it.
Continue reading: What aged care could look like
Australian Financial Review, 11 February 2021