Boost to support older Australians

March 20, 2019 | Aged Care Finance

The recent funding boost announced for Residential Aged Care providers will take effect from today. The funding package of $320m will be distributed across existing subsidies, in particular to current ACFI claims as a 9.5% increase.

The Aged Care Subsidies and Supplements schedule has been updated to reflect the funding available and will take a HHH from $217.77 per day to $238.41. Please note, there have been increases applied to the following Medicare payments:

  • Respite Subsidy & Supplement
  • Viability Supplement
  • Concessional Supplement
  • Accommodation Supplement
  • Pensioner Supplement
  • Transitional Accommodation Supplement
  • Transitional Supplement
  • Basic Daily Fee Supplement

Since this is a temporary measure (less than 100 days), we will not be updating Mirus Metrics or the Mirus ACFI Calculator to reflect the new rates. We do however believe in the power of insightful and action-led data, so please contact us if you require customised reporting to help you understand how your residents and organisation can benefit during this time,

Reference: $662 million aged care package to support older Australians   Mirus Australia clients please contact us via the Mirus Client Centre for support during this time.