Claiming activity and delivered care minutes lower in December
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 January 2022 edition of Mirus Industry Analysis (MIA).
Revenue management (starts at 0:08)
December saw the Average Daily Subsidy (ADS) for the industry at $192. The voluntary ACFI claiming came backward across both not-for-profit and private operators, ending the month with around 2.5% of voluntary claims submitted. Watch the video for more including data on claims older than 12 months and complex health care (CHC) trends including 4B and 5.
Admissions management (starts at 1:29)
Occupancy levels remained stable in December, finishing the year with just under 89% of occupied bed days. Watch the video for more including: new admissions, new admissions directly from hospital, average new ACFI’s versus departed ACFI’s, average age of admissions and respite bed days used.
Workforce management (starts at 2:58)
The care minute average in December saw a slight decline, achieving 127 mins of direct resident care. Watch the video for more including: registered nurse (RN) minutes, agency 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.
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.