Mirus Industry Analysis (MIA) – November 2023 edition
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
With the recent enforcement of mandated care minutes, we find ourselves in a precarious situation in the aged care sector. There’s a fine balance between maintaining occupancy and managing workforce costs efficiently, all while ensuring compliance with regulatory standards.
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.
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
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.
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.
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…