New rehabilition acquisitions announced by ElderCare

ElderCare New Zealand Ltd today announced the signing of a conditional agreement to acquire Burton’s Healthcare Limited and Health Partners Limited, strengthening its position as New Zealand’s leading provider of brain injury assessment and rehabilitation.

The acquisitions are in line with ElderCare’s strategic objective to grow both new and existing healthcare and medical sectors through investment in successful businesses and organic expansion. Revenues in ElderCare’s Rehabilitation sector are expected to increase by over 20 percent as a result of the acquisitions, with 95 percent of additional revenue sourced from publicly funded contracts.