BCT Reduction Drives ADS Drop
Rob Covino presents Mirus Industry Analysis (MIA), a series of monthly insights into the key performance indicators and cumulative industry trends from the approximately 90,000 beds we monitor for financial sustainability.
Welcome to the May 2026 edition.
Revenue
Average Daily Subsidy decreased by $0.53 in April. The decline in ADS was largely due to the reduced BCT for MM1 services. From April, MM1 services received a reduced Base Care Tariff, which is being offset by the current quarter’s payable Care Minute Supplement. This is now included as a component of subsidy in the calculation of ADS.
Occupancy
Occupancy increased, marking a now three-month trend of growing occupancy. Growth in occupancy was fuelled by respite resident bed days and another decline in the proportion of permanent stays under six months. The weighted average advertised room price increased 0.87% to $599,718.
Workforce management
Total care time and RN time decreased from March to April, with total time decreasing by -0.83% and RN time decreasing by -0.89%. Providers are seeking to more closely align care delivery time to their mandated targets following several months of increasing care delivery well past the requirement.
