Originally Posted by
Cupsy
Except you're maybe missing a little bit of context, he was referring to the size they have increased to, being unmanageable in terms of doing developments in maintaining those growth targets (sounds like their annual targets of new units was alot higher than oca, and all the documentation ive seen OCA dont specify a percentage target but a number target being a slice of predicted increase in demand.)
And I'm pretty sure he was referring to care here not village, care is the segment requiring the nursing, and other services. Interestingly OCA have discussion around strategy of moving (or partially moving) their care to an ORA and DMF funding model (part of the refurbishment plan if I'm not mistaken?), so it would be interesting to understand how this is going for them, maybe ferg or mav might have more of a clue than me?.
Interesting also was the discussion of the covid period and development costs blow outs at that time, and the choice of leaving developments half finished or pushing through to completion (is there really a choice?), i think (from memory) the timeframes for the development discussed in oca documentation is almost 2 years for development and consenting then almost 2 more years for completing??
Edit comment: It appears like you haven't read any of the available OCA documentation, maybe you should do if you haven't, there is plenty of interesting info available.