Dean Hamilton: Ryman Healthcare executive chair defends price hikes and job cuts
Heather du Plessis-Allan Drive · Newstalk ZB
September 2, 20246m 26s
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Show Notes
Retirement village operator Ryman Healthcare is raising prices and slowing down construction efforts to repair its financial holes.
The company has raised its deferred management fee (DMF) and made three senior executives redundant in order to get profits back up.
Ryman Healthcare executive chair Dean Hamilton says people are living longer and staying longer - and they need to restructure to address that.
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Topics
businessRyman Healthcareretirementprice hikes