Last week, the Department of Health and Aged Care (the Department) conducted another webinar which gave an overview of how providers’ operational and financial data will be published on My Aged Care from February 2024 to increase transparency.
After more than a year of AN-ACC, we have worked with over 100 providers to adjust their funding processes to the new AN-ACC model. Most of the industry are still evolving their internal structures and models and in this blog we review four real life examples of approaches and the lessons learned.
The Commission’s utilisation of various information sources to construct a comprehensive risk profile for each provider assures that no stone will be left unturned, building on earlier discussions with the Commission. Mirus Australia have been passionately working on addressing the complexities of care minutes and the AN-ACC framework from multiple angles.
Under the new Regulatory model, risk-based monitoring will rely on data and regulatory insights to identify potential risks or issues that necessitate additional scrutiny and, if needed, a response in relation to identified risks.
With the recent enforcement of mandated care minutes, we find ourselves in a precarious situation in the aged care sector. There’s a fine balance between maintaining occupancy and managing workforce costs efficiently, all while ensuring compliance with regulatory standards.
Managing the balance in the AN-ACC world now requires three (3) key workflows: Forecast AN-ACC classes for pre-admission and current residents to manage care revenue; Establish consistent Roster Demand Template/s; Control and understand your data to then strategically request reclassifications.
Following the October 5 Department Webinar: Quarterly Financial Report – what’s changed?, several changes to QFR Reporting were outlined and subsequent updates were made to the Care Minutes & 24/7 RN Responsibility Guide.
In accordance with the Department’s Reform Agenda, the Department is initiating individual Care Time Assessments (audits) of your reported care time data as of October 1st.
With ongoing consultation on the regulatory model for aged care, the Department of Health and Aged Care conducted a webinar on the design of the new model in May. As we progress towards the go-live date in July 2024, we are putting together a summary of the key concepts and insights from the consultation and documents.
Within 18 months of 1st October, every provider will receive an assessment, and this will reoccur every 3 years or at random based on risk. The purpose of these assessments is to ensure accuracy of care minute reporting in Quarterly Financial Reports and 24/7 RN time in line with the 24/7 RN responsibility.