Regis Healthcare Ltd. · ASX:REG
Regis Healthcare — Macquarie Australia Conference 2023
19 slides from Regis Healthcare's conference presentation, May 3, 2023
Slide 1: Our Purpose – Macquarie Australia Conference
OUR PURPOSE Personalised and respectful care that embraces the experience of ageing Macquarie Australia Conference 4 May 2023 Regis Sandringham, Victoria
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This Presentation contains summary information about the current activities of Neither Regis Healthcare nor any other person warrants or guarantees the future Regis Healthcare Limited and its controlled entities (Regis Healthcare or the performance of Regis Healt
Slide 3: Regis Overview
Regis Greenmount, Western Australia Regis Overview
Slide 4: Network of Homes Across Australia
Network of 63 Homes Across Australia Key statistics Regis home network Existing Network Development Sites One of the largest providers in Australia1 1 Darwin 6,960 available operational places 2 Cairns 3 Townsville 63 residential aged care homes (63 freehold sites)2 4 Sunshine Coast ~6,000 number of
Slide 5: Leading Provider of Residential Aged Care
Leading Provider of Residential Aged Care Regis is one of the largest quality aged care providers in the Australian market Systemised quality, risk management and Attractive long-term industry thematics Portfolio of quality homes with significant governance frameworks capital investment ► Proven sys
Slide 6: Industry Overview
Regis Sandringham, Victoria Industry Overview
Slide 7: Ageing Population Driving Increased Demand for Aged Care
Ageing Population Driving Increased Demand for Aged Care The number of Australians aged 85+ years is projected to increase from ~2.0% of the population 2018-19 to ~3.7% of the population by 20581 ► Over the past two decades, the population aged 85 years and older increased by 110% compared with tota
Slide 8: Consolidation Continues
Consolidation Continues Aged Care Industry Consolidation1,2,3 ► At 30 June 2022 there were 805 residential care providers, down from 830 in 2021, continuing the Number of providers consolidation of providers over the last 10 years 1069 1048 1016 972 949 ► Industry consolidation is being driven by pr
Slide 9: Reform and Sector Performance
Reform and Sector Performance Industry Reforms Star Ratings ► AN-ACC current average funding to providers is $215 per ► Introduced December 2022, ahead of mandated care resident per day1 minutes from 1 October 2023 ► Independent Health and Aged Care Pricing Authority (IHACPA) ► Designed to support c
Slide 10: Potential Funding Reforms
Potential Funding Reforms Additional Government funding to increase staff remuneration and benefits ► Australian Government has committed to funding 15% interim increase in pay (including on-costs) determined by the Fair Work Commission’s Work Value Case Funding to correlate to direct costs of care
Slide 11: Company Update
Regis Elermore Vale, New South Wales Company Update
Slide 12: H1 FY23 Recap
H1 FY23 Recap Revenue from Services Average Occupancy ► Revenue from services of $380.4 million, up 4.4% on pcp $380.4million • Average occupancy 91.1% 91.1% ► Underlying EBITDA1 of $45.1 million Underlying EBITDA1 Net Loss After Tax ► NPATA2 of $11.3 million $45.1million $25.9million • Excludes COV
Slide 13: Q3 FY23 Update
Q3 FY23 Update ► Spot occupancy improved to 92.6% Operational Statistics Q3 FY23 Q2 FY23 Q1 FY23 FY22 at 30 April 2023 Average available operational places (#)1 6,960 7,000 7,004 7,057 ► Government revenue per occupied Total occupied bed days2 573,252 586,919 585,998 2,312,826 bed day increased agai
Slide 14: Strategic Priorities
Strategic Priorities Current Priorities Regis Culture of Care Positive People and Practice Enhancing our Future Regis continues to deliver care that is safe, Regis People - attracting, developing, Transformational change through digital effective, integrated and personal empowering and retaining the
Slide 15: Other Company Matters
Other Company Matters COVID-19 Outbreak Grants ► Regis has been advised by DHAC of delays in processing 31 March 2023 COVID-19 Outbreak Costs $m COVID-19 outbreak claims Claims submitted 32.4 ► Regis has submitted claims of approximately $32.4m in relation to - Approved 4.7 H2 FY22 and H1 FY23 COVID
Slide 16: Growth Program - Greenfield Developments
Growth Program - Greenfield Developments Regis has four greenfield development sites located in premium metropolitan suburbs Net Additional Club Development Development State Places Services Approval Update Regis Camberwell VIC 112 ✓ ✓ ► Commenced Q1 FY23 Regis Toowong QLD 123 ✓ ✓ ► Tendered Q3 FY23
Slide 17: Growth Program - Future Greenfield Developments
Growth Program - Future Greenfield Developments Toowong specifications: ► Inner-west riverside suburb in Brisbane ► 123 beds ► 5-level residence ► Land area ~5,248 sqm ► Various room types: standard single ensuite rooms and large suites Artist’s impression of Regis Toowong (QLD) Belrose specificatio
Slide 18: Conclusion
Regis East Malvern, Victoria Conclusion
Slide 19: Summary
Summary Positive Industry Dynamics ► Supportive industry tailwinds: ageing population, Baby Boomer cohort approaching residential aged care ► Limited supply of quality new beds entering market in recent years; aged stock needs to be replaced ► Government funding improving under AN-ACC. Further refor
Regis Healthcare — Macquarie Australia Conference 2023 on 6ix