Wed Sep 18 01:37:43 UTC 2024: ## ASX Healthcare Share Regis Healthcare Soars on Government Funding Boost

**Sydney, Australia – September 18, 2024** – Aged care operator Regis Healthcare Ltd (ASX: REG) is experiencing a surge in its share price, driven by a positive outlook for the aged care sector and government funding increases. The company, which provides services to over 9,000 older Australians, saw its share price rise by 22% in August and another 11% in the days following the government’s announcement of increased funding for aged care providers.

According to Blackwattle’s small-cap investment team, this reflects a significant shift in the industry’s prospects. With the first baby boomers entering aged care, the government is under pressure to address the long-standing issue of underfunding. This increased funding is expected to incentivize the construction of more beds, creating a “golden era” for aged care operators in the next decade.

Regis Healthcare is well-positioned to capitalize on this growth. The company is expecting to benefit from the aging population, an improved workforce, and strategic growth initiatives, including acquisitions and new developments. The company recently acquired five residential aged care homes in southeast Queensland and has several greenfield sites under development.

With the company projecting insufficient new supply to meet expected demand, Regis Healthcare believes occupancy rates could rise, further bolstering its financial performance.

**The Motley Fool, a financial advisory firm, highlights Regis Healthcare as a potential investment opportunity, noting its strong financial performance and positive outlook.** The company’s recent growth, coupled with the government’s commitment to increasing funding, suggests a promising future for this ASX healthcare share.

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