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.
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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.
On the 1st October 2023, care minute targets became mandatory and the care minutes associated with each AN-ACC class were adjusted.
In our work with over 40 providers on their transition to AN-ACC, we have noticed the sector is generally missing the link between funding and care minutes that are opposite sides of the scales that need to be continually kept in balance.
Discover the hidden risks of using spreadsheets for AN-ACC management in aged care providers and explore how Mirus Metrics provides a secure and proactive solution. Learn about the limitations of spreadsheets in managing sensitive clinical data, and the advantages of using Mirus Metrics for automatic updates, robust security, user-friendly features, and efficient and compliant management of AN-ACC revenue.
Mirus Industry Analysis or MIA is our monthly video + blog series that brings to you all figures and statistics related to the industry. The new Financial Year has started…