Aged Care Finance Archives - Page 9 of 10

August 27, 2014 | Aged Care Finance

Aged care providers should take the time to explain to residents the coming changes to the sector, such as the proposed PBS co-payment adjustments.

August 26, 2014 | Aged Care Finance

Out-of-pocket costs in Australian healthcare can be substantially detrimental, especially for already-strained older Australians.

Proposed changes to the pension would be detrimental for older Australians currently relying on the funds for food, bills and other necessities.

A new study from the Australian Institute of Health and Welfare shows that the ageing Australian population is increasing demand for services.

The new aged care payment arrangements, which have applied to facilities since July 1, have significantly changed facility operations.

Having a revenue management plan in place within aged care facilities can ensure financial sustainability over the long term.

COTA has stated that the recent financial advice reforms reversal will weaken protections for elderly Australians in the near future.

With aged care facility budgets already tight, the recent axing of the dementia supplement has caused problems for providers.

Growth is coming to the aged care sector over the next few years, and there’s no denying that focus is required to ensure that this is sustainable.

A new plan has been announced for launch later this year by the NSW government, ensuring correct care is delivered.