Mirus Industry Analysis (MIA) – June 2022 edition

June 24, 2022 | Mirus Industry Analysis (MIA)

Mirus Industry Analysis

Occupancy levels continue to decline in May

Rob Covino presents Mirus Industry Analysis (MIA), a series of monthly insights into the key performance indicators and cumulative industry trends from the 90,000+ beds we monitor for financial sustainability. 

Welcome to the June 2022 edition of Mirus Industry Analysis (MIA). 

Revenue management (starts at 0.04)

As the sector nears the end of FY22, May saw a rise in the Average Daily Subsidy (ADS) for the industry, sitting at an average of $193. 4b pain management also continued to show strong results, with the industry at 57.55% of total claiming achieved. Watch the video to see more data on claiming activity, including claims greater than 12 months and voluntary claiming activity, and more information on complex health care (CHC) trends (4b and 5).

Admissions management (starts at 1.43)

Occupancy continued to decline in May to 86.70% occupied bed days. Watch the video for more information on permanent and new permanent admissions, acuity of admissions, % of new admissions from hospitals, new ACFI’s versus departed ACFI’s, average age of admissions and respite bed days used.

Workforce management (starts at 2.44)

Care minutes dropped 13% in May to 120 mins per bed per day. Watch the video to see data on RN minutes, AIN/EN minutes, Allied Health minutes, and more.

         As a MIA subscriber you will have access to the full data set
breakdown as a downloadable PDF

Get insights for your own organisation against the industry data

Benchmarking & Insights allow you to compare your Average Daily Subsidy (ADS) to the industry average. You will also gain valuable insights into your ACFI/AN-ACC claiming activity and benchmarking to support your occupancy, revenue, and workforce strategies. What’s even better, is that it’s free.

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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 90,000+ beds.  

Catch up on earlier editions