Providers call for increased funding and financial sustainability
July 4, 2023 | AN-ACC
We recently surveyed 207 aged care providers on their perspectives on the funding landscape and financial sustainability within the industry.
Aged care insights
Keep informed with regular insights, data, reports and analysis of aged care industry trends and issues
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How accurate are your residents’ AN-ACC assessments?
June 16, 2023 | AN-ACC
To determine how accurate an AN-ACC assessment is, you’ll need to understand the tool, forecast your own AN-ACC classifications, and keep a continuous record.
Mirus Industry Analysis (MIA) – June 2023 edition
June 14, 2023 | Aged Care Finance
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
How to plan your workforce to meet care minute targets
June 8, 2023 | AN-ACC
In this blog, we explore different strategies aged care organisations could incorporate into their workforce and roster planning to proactively ensure care minute targets are met whilst continuing to deliver high-quality care, optimal resource allocation, and budgetary compliance.
Budgeting for changes to revenue and costs coming in FY24
June 5, 2023 | AN-ACC
The introduction of AN-ACC in October 2022 produced the largest ever subsidy increase in Australian Aged Care and in July this year, both the Aged Care Award and subsidy will again realise historical increases . The largest ever pay increase for our aged care workers has been welcomed as it signifies real progress towards genuinely valuing the dedication and skill in this industry, and hopefully will help aged care providers attract and retain staff.
Transparency of Information Principles 2023
June 2, 2023 | Quality
The Amending Principles assisting aged care recipients and their representatives to better understand the operations and financial information of approved providers and services.
How to ensure quality care while maintaining financial viability
June 2, 2023 | Aged Care Management
To achieve high quality care and financial viability, providers will need to understand the aged care reforms and the impact on their organisation.
Mirus Industry Analysis (MIA) – May 2023 edition
May 15, 2023 | Aged Care Finance
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
A new AN-ACC price for FY24 announced in the budget
May 12, 2023 | AN-ACC
A new AN-ACC price announced in the budget. The new price for FY24 will add around 12% to the Average Daily Subsidy (ADS) for the industry.
3 strategies to resource your care minute target
May 12, 2023 | Aged Care Reform
Practical steps for providers that support and grow a sustainable workforce to meet your care minute target.