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Aged care insights

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How does your facility stack up against competitors?

May 27, 2014 | Assessment and Optimisation

Understanding your standing in the market is important to remain competitive – especially in a growing industry.

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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.

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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.

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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.

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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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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.

Read more
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