For Purpose Aged Care Australia is a not-for-profit organisation that runs aged care homes across the country. As Australia’s population ages, the demand for quality aged care is growing, especially in regional areas where services are often limited. With close to 2,000 beds under management and around 500 new beds in development, they are expanding access to high-quality care, especially in underserved areas.
As a not-for-profit backed by For Purpose Investment Partners, they are mission-driven. Their unique model aligns financial sustainability with measurable social outcomes. For example, they’ve increased the number of hours Registered Nurses spend with residents and reduced serious incidents to about than one-third of the industry average. External complaints have also dropped to about one-third of the industry average.
For Purpose Aged Care has grown through acquisitions, including Luson and Signature Care, and now operates nationally. Their homes aim to be well-run, respectful environments that prioritise resident wellbeing. They also use technology to reduce paperwork and improve communication with families, helping staff spend more time with residents and less on admin. Their approach ensures the wellbeing and respect of people under care, making them a standout in the aged care sector and an important investment for Australian Ethical.
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