Occupancy remains low at 88%.
Rob Covino presents MIA, insights into the previous month’s key performance indicators across the not-for-profit, private providers, and the cumulative industry trends from the 81,000+ beds the Mirus Australia team currently monitors for financial sustainability.
The August period saw continued growth in overall Average Daily Subsidy (ADS) maintaining its status above $190, with Private operators nearing $200 ADS.
Ongoing State lockdowns are causing occupancy levels to continue to decline with August at 88% of occupied bed days. It would appear families continue to favour respite and home care options, with respite bed days consuming a further 10,000 days than last month.
Overall Care Minutes maintained flat at an average total of 152 mins worked on a per bed per day basis with non-care minutes sliding slightly, however Allied Health Minutes jumped 30% over the month August.
Lastly, we are encouraging providers to start their AN-ACC journey now so they can begin to plan out and absorb what they need to know now for their organisation’s transition. We have developed the Mirus ACFI to AN-ACC Pathway (MAAP), a diagnostic tool to help our clients consider the stages of preparation for the required changes across their organisation. You can try the MAAP here
If you would like a further breakdown of the full data sets used for this month’s report, please contact us today.
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About Mirus Industry Analysis (MIA)
We love numbers and we love data! With one of the largest Aged Care databases in Australia, each month we bring you MIA – a monthly wrap up of insights captured from data covering 80,000+ beds.