RYM - Ryman Healthcare

[couta1]

Some ASX aged care providers have been hit with incorrectly classifying some of the people in their care (to max the govt subsidy )
I'm wondering if RYM has been tarred with same brush ? Such that anyone operating in retirement sector in Au-land is now out of favour ?

Disc: Was a buyer today

Some Aussie aged care providers have been on the pigs back for quite a while now even bragging about their profits, now they have been caught with their pants down. Any rub off effect on Ryman will be short lived once the offenders get their wings clipped and funding trimmed. It's a different story in NZ as apart from the industry being under funded by the Govt,classifications are only done via the DHB's and not the providers themselves thus ruling out the possibility of the Aussie situation occurring here. Disc-Was also a buyer today.