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Aged care providers should soon begin considering metric abilities of EBITDA

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.

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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.

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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.

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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.

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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.

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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.

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The importance of positive ageing

May 6, 2014 | Aged Care Management

Positive ageing will need to become a consideration for aged care facilities over the next few years as resident numbers continue to grow.

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Understanding financial sustainability and developing the right plan

May 6, 2014 | Aged Care Management

Aged care providers will need to develop financial sustainability practices in the near future to ensure the longevity of aged care facilities.

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Can Mirus Metrics help your aged care facility?

April 29, 2014 | Aged Care Management

Using tools such as Mirus Metrics can be invaluable when it comes to managing difficult Medicare funding.

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The importance of establishing clear facility goals

April 25, 2014 | Assessment and Optimisation

Goals will need to be put in place in the aged care sector over the next few years as resident numbers continue to climb.

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