Increases in ADS, occupancy and RN minutes
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 April 2023 edition of Mirus Industry Analysis (MIA).
Over the March period, the industry Average Daily Subsidy (ADS) jumped $1.40 to $223.77. Claiming activity across the sector slipped back again this month to 5.37% which is a further 2% less than in February..
We saw some bounce back in occupancy levels in March with the industry achieving 87.04% of occupied bed days. Strong performance in permanent admissions and respite bed days provided the boost.
Total Direct Care Minutes dropped 2.3% in March bringing the the industry average to 169.58 minutes. RN minutes rose, and agency minutes took a step back from the holiday peak period by a solid 21.40%.
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 AN-ACC claiming activity and benchmarking to support your occupancy, revenue, and workforce strategies. What’s even better, is that it’s free.
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.