News

Murchison Aged Care officially goes on the market after government approval

By Morgan Dyer

The sale of Murchison Community Care is officially under way with SV Partners announcing it is seeking urgent expressions of interest from government-approved aged care providers.

Federal Member for Nicholls Damian Drum said the liquidators had been given direction from the government to find a new provider who had the capacity to take over the running of DP Jones Aged Care, which was placed into liquidation in November.

“Liquidators may find someone immediately or they may find someone with excessive asks so he will have to negotiate what the best deal is for Australia’s tax payers and also the best deal for the citizens of Murchison,” Mr Drum said.

It is unclear the sum of funding the government is willing to provide, however providers must submit their interest to liquidators by the close of business by Monday, December 16.

Taking out advertisements calling for expressions of interest in the Shepparton News and the Financial Review, SV Partners’ chief liquidator Richard Cauchi said arrangements between the government meant he could move forward with the selling of the 40-bed facility.

Key assets include a “combination of bond and government supported residents” plant, equipment and a “skilled workforce”.

Further information will be available to interested parties after the execution of a confidentially agreement.

Mr Drum said the government was waiting to see what the market demanded, however, he said one thing was clear.

“Murchison is staying open,” Mr Drum said.

“For those families who were thinking about relocating their loved ones, they don’t need to.

“And for those families that already have moved, moving back to Murchison will be a very real consideration now.

“There’s still a lot of work to do but it looks like now we are on the home stretch and the sooner we can find a registered provider the sooner we can make a decision,” he said.

Aged Care Minister Richard Colbeck said the elderly residents of Murchison Community Care remained the government's greatest priority.

“The Federal Government is supporting the continued operation of the aged care facility while the sale is under way,” Mr Colbeck said.

“An expression of interest process remains open and it is not possible to comment further at this time.”