New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
retirement village
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves; however, assistance from home care agencies is allowed in some communities, and activities and socializ ...
New Zealand Stock Exchange
New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies.
On 30 August 2020, the NZX had a total of 1 ...
and is one of the largest companies listed on the
NZX 50 Index
The S&P/NZX 50 Index is the main stock market index in New Zealand. It comprises the 50 biggest stocks by free-float market capitalisation trading on the New Zealand Stock Market (NZSX). The calculation of the free-float capitalisation excludes ...
.
Ryman Healthcare has 38 operational villages across New Zealand and seven in Melbourne, and is developing another six villages in
Victoria, Australia
Victoria is a state in southeastern Australia. It is the second-smallest state with a land area of , the second most populated state (after New South Wales) with a population of over 6.5 million, and the most densely populated state in ...
. Its name is a
portmanteau
A portmanteau word, or portmanteau (, ) is a blend of wordsAustralia in 2012, buying a site for development in
Wheelers Hill
Wheelers Hill is a suburb in Melbourne, Victoria, Australia, 22 km south-east of Melbourne's Central Business District, located within the City of Monash local government area. Wheelers Hill recorded a population of 20,652 at the .
At 152m ...
, in eastern
Melbourne
Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
, Victoria. Ryman has since purchased another eight sites for development at Brandon Park, Burwood East, Coburg, Mt Eliza, Mt Martha, Aberfeldie, Ocean Grove and Geelong.
Other notable competitors to Ryman Healthcare in the New Zealand aged care sector include Metlifecare, Oceania, BUPA, Summerset Holdings and Arvida.
Company performance
Ryman Healthcare has demonstrated significant profit and share price performance since its inception. For the last five years, it has managed earnings growth of over 15% per annum. Ryman has delivered 15 years of consecutive record earnings results since 2002. Ryman employs over 6700 people, including in house development teams, builders and tradespeople, nursing and caregivers, cooks, cleaners, sales and support staff. Ryman villages are home to more than 13,200 residents.
Awards
Ryman Healthcare have won a number of awards for business and healthcare, including:
* Inclusion as one of the top 10 healthcare companies in the world in the Boston Consulting Group's Annual Value Creators Rankings
* Simon Challies, Ryman Healthcare's CEO, won Best CEO of 2014 in the Deloitte Top 200 Awards in 2014.
* Dr David Kerr, Ryman Healthcare's Chairman of the Board of Directors, won best Chairman in the Deloitte Top 200 Awards in 2013.
* Reader's Digest "Most Trusted Brand New Zealand 2015, 2016, 2018, 2019, 2020, 2022."
* Workbase Best Growth Strategy Award.
The Ryman Prize
In 2015 Ryman Healthcare announced it was supporting the launch of the Ryman Prize.
The Ryman Prize is an annual $250,000 NZD for the best idea, innovation or advance in the world that enhances quality of life for older people. It is a philanthropic initiative administered by The Ryman Foundation.
Hollows Foundation founding director Gabi Hollows won the inaugural Ryman Prize for her decades of work to restore the sight of more than 1 million people with preventable blindness.
Alzheimer's Disease researcher Professor Henry Brodaty won the 2016 prize. Professor Brodaty, who lives in Sydney, is Scientia Professor of Ageing and Mental Health, the founding Director of the Dementia Collaborative Research Centre and Co-Director of CHeBA, the Centre for Healthy Brain Ageing at the University of New South Wales.
The 2017 Ryman Prize went to Professor Peter St George-Hyslop. Professor St George-Hyslop is a medical scientist, neurologist and molecular geneticist who is known for his research into neurodegenerative diseases. He has identified a number of key genes that are responsible for nerve cell degeneration and early-onset forms of Alzheimer's disease. He splits his time between the University of Cambridge and the University of Toronto where he has research labs.
Professor Takanori Shibata was awarded the 2018 Ryman Prize in recognition of his more than 25 years of ground-breaking research into new technology to help older people.
Professor Shibata, an
artificial intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...
(AI) and robotics pioneer, was presented with the prize by the Right Honourable
Jacinda Ardern
Jacinda Kate Laurell Ardern ( ; born 26 July 1980) is a New Zealand politician who has been serving as the 40th prime minister of New Zealand and leader of the Labour Party since 2017. A member of the Labour Party, she has been the member of ...
, Prime Minister of New Zealand.
The 2019 Ryman Prize was awarded to Dr Michael Fehlings, a Canadian neurosurgeon, for his pioneering research into degenerative cervical myelopathy (DCM), a spinal disorder that affects older people.
The 2020 Ryman Prize went to Dr. Miia Kivipelto of Finland, for her work on cognitive impairment, Alzheimer's disease, and dementia.
The 2021 Ryman prize was awarded to Dr. Kenneth Rockwood of Dalhousie University in
Halifax, Nova Scotia
Halifax is the capital and largest municipality of the Provinces and territories of Canada, Canadian province of Nova Scotia, and the largest municipality in Atlantic Canada. As of the 2021 Census, the municipal population was 439,819, with 348 ...
, for his work on a geriatric
Frailty index
The frailty index (FI) can be used to measure the health status of older individuals; it serves as a proxy measure of aging and vulnerability to poor outcomes.
FI was developed by Dr. Kenneth Rockwood and Dr. Arnold Mitnitski at Dalhousie Uni ...
, done jointly with Dr. Arnold Mitnitski, also of Dalhousie University.
The 2022 Ryman Prize was awarded to Professor Perminder Sachdev, neuropsychiatrist and Scientia Professor at the University of New South Wales in Sydney for his more than 30 years of research into the causes and treatment of psychiatric disorders including dementia.