Mirus Industry Analysis (MIA) – December 2022 edition
December 13, 2022 | Aged Care Finance
Providers slow to adopt AN-ACC are leaving $277m on the table
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 December 2022 edition of Mirus Industry Analysis (MIA).
Revenue management (starts at 0:07)
The Industry’s Average Daily Subsidy for permanent residents increased by $.54 to $221.25. The average for permanent residents was $219.46 over the November Period. AN-ACC reclassifications dropped over the November period to only 2.24% of consumers being assessed, which is the lowest point over the past year.
Occupancy (starts at 03:04)
Occupancy levels continued their positive trend upwards increasing to 86.8% through the November period. Watch the video to see our report on the sectors segmented facility types.
Workforce management (starts at 03:18)
The stand out for the month was a jump of 23.% of Allied health time per minute of 3.15 minutes per resident per day.
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breakdown as a downloadable PDF
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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.