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.
A business budget can seem at times unnecessary, but it’s absolutely essential for ongoing operations and future purchases.
Aged care changes are coming as part of the Living Longer, Living Better health care reform, put in place recently.
COTA Australia has joined with leading consumer interest groups to protect older Australians against proposed regulation changes.
The Commonwealth Home Support Programme Manual will be an essential document for aged care providers and the government following its release.
The coming financial benefits for hiring older Australians will make the prospect attractive for aged care facilities.