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Aged care’s AN-ACC funding model has come under fire with one regional provider claiming “it’s not working at all” while another said it’s not sustainable, especially for more innovative models of care that look to redefine the publics’ expectation of residential aged care.
Last December’s AN-ACC starting price increase continues to have a positive impact on residential care providers, yet significant staffing shortages threaten to derail much of the financial progress in the second half of 2024.
The Australian Nursing and Midwifery Federation wants the uncertainty to end over a pay increase for nurses working in aged care after direct care workers finally received confirmation over their due date for a pay rise.
The UTS Ageing Research Collaborative (UARC) has released Australia’s Aged Care Sector Mid-Year Report for 2023-24. Mixed financial outcomes and emerging, yet concerning, Star Ratings trends have caught our eye.
There are mixed reactions to the AN-ACC funding model’s long-term impact with just over half of the aged care sector responding to a recent survey and confirming their business is financially better off compared to the previous ACFI funding model.
Discover how aged care facilities can unlock hidden AN-ACC funding opportunities with expert consultancy services from Health Generation. Maximise your funding and improve operations today.
Aged care providers are standing on solid financial foundations after settling into a consistent run of form for their average daily subsidy and care minute totals in 2024.
Innovation and efficiency will be a critical influence on how – and where – aged care is managed over the coming years.
The ‘Moneyball’ revolution in baseball, underpinned by empirical analysis of player performance, resonates deeply with the current situation in the aged care sector.
The Government has confirmed it will fully fund the Aged Care Award increase… but not until 2025 and in two separate stages.
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