Understanding the priority financial terms
May 20, 2014 | Assessment and Optimisation
The key financial terms need to be understood for businesses, including current assets, amortisation and benchmarking.
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Highlights for aged care in the 2014 budget
May 20, 2014 | Aged Care Finance
The federal budget was announced on May 13, bringing a number of required changes to the aged care sector.
Understanding financial policies and procedures
May 20, 2014 | Aged Care Management
Financial policies and procedures should be put in place as aged care facilities grow. These documents are extremely useful.
Medical research funding boost to bring improvements to aged care
May 20, 2014 | Aged Care Finance
The medical research industry is set to receive a substantial funding boost over the next few years, providing benefits for aged care residents.
How to calculate EBITDA
May 13, 2014 | Assessment and Optimisation
EBITDA is a useful metric to evaluate business profitability, but should not be used to estimate cash flow due to the potentially negative financial impacts.
The importance of business budgeting
May 13, 2014 | Assessment and Optimisation
Well-prepared budgeting needs to become a primary business consideration, especially given the need to track finances.
What is a financial run rate?
May 7, 2014 | Assessment and Optimisation
Run rates should become a consideration for aged care providers, especially thanks to the benefits gained through use of the financial system.
The advantages of a connected workforce
May 7, 2014 | Aged Care Management
A connected workforce could hold a number of benefits for aged care facilities, especially in regards to operating efficiency.
Enterprise mobility to be key for efficiency
May 6, 2014 | Aged Care Management
Enterprise mobility will be essential for a number of businesses in the near future, expecially aged care as the sector continues to experience rapid growth.
Building the right environment for aged care workers
May 6, 2014 | Aged Care Management
Aged care facilities will have a difficult road ahead if care isn’t put into hiring the right staff capable of providing high levels of care.