Press Release from the Cowra Retirement Village outlining details of their application for capital funding to assist in the purchase of the former St Lawrence Aged Care Facility in Harden NSW, to which they were unsuccessful.
Following the release of the 2020 Aged Care Approval Round results on Friday 30th July 2021, the Cowra Retirement Village were unsuccessful in our application for capital funding to assist in the purchase of the former St Lawrence Aged Care Facility in Harden NSW. The Board of Directors and Management of the Cowra Retirement Village are extremely disappointed with this outcome and it is with regret that the Cowra Retirement Village have no option but to rescind the contract to purchase the facility from Southern Cross Care. CEO Scott Kable said he was disappointed with the outcome and wished the community well in recommissioning the facility in the future. Cowra Retirement Village Chair Ian Donges OAM commented that he was grateful to the community for their support but without the Aged Care Approvals Grant the financial risk to Cowra Retirement Village is too great and regret’s the decision taken by the board to not proceed with the purchase.
Southern Cross care NSW & ACT CEO Helen Emerson said the decision was regrettable and highlights the challenging environment regional aged care providers operate in. As a not-for-profit aged care provider Southern Cross Care’s mission is delivering the best possible care for our residents. Our interest in the St Lawrence facility is to see it transferred to an organisation that can operate in a safe and sustainable way. Cowra Retirement Village were well credentialed to take on St Lawrence, and it is unfortunate the government didn’t make the capital funding available
Scott Kable – Chief Executive Officer
Cowra Retirement Village
There will be further news to come from the Times on this developing situation….
