News: Aveo strikes services alliance with RDNS

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Aveo Group (ASX:AOG) has struck an alliance with RDNS as part of its strategy to deliver increased levels of care and support services to its retirement village residents. 

 

The retirement village operator and aged care provider has appointed RDNS to provide in-home support and healthcare programs to its residents in 22 villages across South Australia, Tasmania and the Gold Coast. 

 

Aveo says the announcement achieves its target of delivering comprehensive low care services to more than 90 per cent of its villages by the end of fiscal 2014. 

 

This goal is a key part of the company’s strategy to transform into a pure retirement group with increased levels of care and support for village residents. 

 

Aveo Group reported a net profit of $800,000 in the first half of the 2014 financial year.