Experience
Health & Education
If Covid has taught us one big lesson, it is that our health system was under stress and that our private insurance and Medicare system was overwhelmed with the back log of surgeries.
In the retirement village sector the move to forced buy backs by a number of State Government’s has put pressure on regional operators with a number going into liquidation, other have moved from owner occupier to lease based facilities.
Australia is also one of the world leaders in education as an export with Australia being the number one preference for Chinese and Indian students looking to study abroad.
Key Challenges
- Recent developments in the healthcare industry include higher labour costs and shortages for employers, as unemployment continues falls. The demand for doctors now exceeds the supply through universities.
- General hospitals are the sector’s largest revenue driver, accounting for over half of Australia’s health services revenue. GPs, clinical specialists and dentists also represent significant revenue streams for the sector. Australia’s growing and ageing population has supported demand for health services over the past five years.
- Australia’s age profile is projected to continue rising over the next five years, strengthening demand for most health services. The re-indexation of Medicare debates for health services provided by general and specialist medical practitioners, specialist procedures and diagnostic imaging services will likely boost revenue growth in these segments.
- Private health insurance funds are anticipated to continue losing younger members due to rising premiums and a perception of poor value, limiting the expansion of private health services. Increasing organic demand for health services is projected to contribute to subdivision revenue rising at an annualised 2% over the five years through 2027-28, to $228.8 billion.
Our experience
Olvera principals worked on the review of ABC Learning Centres both prior to its collapse and through its acquisition by Goodstart.
We have worked with and established a number of learning organisation including Registered Training Organisations and Future Women once of Australia’s leading women’s training academies.
General advice and debt advisory.
Case Studies
Our case studies only include publicly identified clients.