The Newsroom

Aged care data analytics and advisory service Mirus Australia and aged care software management system Management Advantage have joined forces with an aim of delivering greater value to aged care providers.

Residential aged care providers have expressed varying degrees of confidence following changes to Refundable Accommodation Deposits (RAD) guidelines allowing providers to set far higher prices without external approval.

Residential aged care providers face a quick turnaround to prepare for new quality indicator reporting as additional staffing reporting requirements are likely to stretch already strained resources.

Sector consultancy firm Mirus Australia is offering residential aged care providers personalised data-driven insights to help them maximise revenue potential.

Many aged care providers are undervaluing Refundable Accommodation Deposits (RADs), leaving millions on the table.

This inaugural report provides an objective perspective on how effectively the sector is operating, with data-driven insights designed to guide improvements.

Mirus Australia has teamed up with StewartBrown to launch the inaugural Aged Care Effectiveness Index to aid growth and improvement in the sector.

The Index measures the performance of the aged care sector, which can be used as a benchmarking tool for providers to track performance and shape strategy.

While most aged care providers surveyed say that their funding and care minute strategies are functioning adequately, many are unsure, Mirus Australia poll finds.

Just over half of respondents who attended a webinar hosted by the aged care advisory group disagreed with the statement they have proper applications in place managing their data safety and have no manual processes.

Notable winners included Mirus Australia, who enjoyed success in the Technology – Business category, won the category for the Mirus Metrics AN-ACC funding application, and received a highly commended award for the Mirus AI platform.

July data also shows RN care time exceeded mandatory 40-minute threshold.

July saw a much-needed change in fortune for allied health minutes in residential care as a 20% jump led to a positive period for care minutes overall.

Sixty percent of aged care leaders, responding to a survey conducted by Mirus Australia, agree that their businesses are financially enhanced under AN-ACC.

There are mixed reactions to the AN-ACC funding model’s long-term impact with just over half of the sector responding to a Mirus Australia survey and confirming their business is financially better off compared to the previous Aged Care Funding Instrument (ACFI).

Aged care leaders are adapting to new funding structures and considering innovative strategies, a new survey has found.

A new survey by Mirus Australia of 233 aged care leaders from 170 organisations reveals the sector’s transition to the Australian National Aged Care Classification (AN-ACC) and its innovative strategies for financial sustainability.

Artificial intelligence has roared into the mainstream world with AI-based systems more accessible than ever. With that rapid rise comes plenty of uncertainty and apprehension and many of us are still learning about how it can be adopted and best used.