Crucial data insights that will ensure you’re well-funded for the care you’re delivering

Aged care providers have never been busier. There’s extra pressure to maintain compliance and accurately report data, all while providing seamless services to care consumers. Staying on top of those demands and utilising all essential tools is a challenge for anyone, particularly when change is always around the corner.

Change is not a bad thing, though, and often it’s for the best. It allows you to move forward into a new era and aged care is certainly travelling in the right direction. And so, as providers navigate the unknown, support is always available to ensure compliance, reporting requirements and workforce efficiency are all achieved to the highest level. 

With nearly 15 years of experience, Provider Assist is Australia’s most experienced Clinical, Funding, and Operational Performance consultancy. Aged care is their specialty and you can find benefits across the board through their combination of industry-leading software programs and expert knowledge-based solutions.

“We want to empower providers so they can continue to deliver high-quality care, to be well funded for the care they’re already delivering, and to do so in a holistic way that might be more proactive. The quality of life for residents is always paramount and providers need to have the right resources and understanding of requirements to reach certain standards,” explained Peter Morley, Chief Executive Officer (CEO) at Provider Assist.

“There’s obviously so much information coming through, and so many changes from the Government, that you are not necessarily always able to keep up with everything while juggling care responsibilities. That’s where Provider Assist comes in.”

“We have experts who can come into your facility to ensure you have the necessary tools to maintain the highest standards of care you possibly can without compromising the financial stability, or future stability, of your business.”

Their resources are designed to be an extension of your team, ensuring that Providers have the necessary tools to maintain the highest standards of care – whether that is through AN-ACC and other funding, Clinical Assessment and Documentation; Compliance; Resident Fees, Supplements, Fees and Billing; Financial Reporting, Analysis and Strategic Decision Support or Workforce Transformation.

One of the most important recent changes to the aged care industry has been the introduction of the AN-ACC funding model. The highly detailed funding model provides equitable funding to all approved providers based on independent assessments assigned to each resident. Essentially, aged care funding is now more detailed and impactful than ever before.

Provider Assist’s MyVitals software is designed to plan, review and optimise AN-ACC workflow, featuring the largest collection of benchmarking and performance data available. Providers can easily take proactive actions to improve income and impact over time, and Mr Morley said he is excited to see MyVitals return to an accessible platform for all providers soon. 

“We currently have MyVitals available as a subscriber-based platform but we have always previously offered a complimentary version as well and that is something we have coming out extremely soon. That is a version of the software that providers can access completely for free,” he said. 

“MyVitals enables providers to have an overall view of what’s happening with current Government funding, including whether they’re being funded properly for the care that’s being delivered. It’s also a benchmarking software so providers can easily see where they stand against others for insights and to find out where improvements can be made.”

Positive outcomes have already been achieved through critical Provider Assist tools, including their AN-ACC Health Checks. Over $76 million of missing entitled funding has been identified through their remote assessment, resulting in an average return of $306,249 per facility – a crucial amount when the aged care sector is in need of every dollar.

Through leading-edge software, quality expertise and insightful analysis, making the right decisions for aged care is easy. But it’s about how you use the data that matters. With increased data transparency, providers can truly make the most of existing strengths, while also identifying where new opportunities can be found.

Whether it’s ensuring that your AN-ACC funding is at its greatest potential; your clinical assessment and documentation and compliance standards are being met; you are on top of your fees and billing or if you are requiring financial reporting, analysis and strategic decision support; or recognising where workforce strategy needs to be strengthened, Provider Assist is here to support you. Visit their website for more information or to book a MyVitals demo.