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The Aged Care Quality and Safety Commission is seeking provider feedback on proposed charging arrangements for providers who wish to register, renew or vary their registration.
New Aged Care Financial and Prudential Standards aim to enhance financial governance and sustainability for providers. However, a formulaic calculation may have unintended consequences.
Is the Federal Government falling into a classic corporate software trap as the true costs of implementation unfold – lured in with a $13.5 million contract, only to now find itself on the hook for what has become a $150 million piece of software?
New Financial and Prudential Standards under the incoming Aged Care Act creates an uneven playing field that threatens to restrict development, force businesses to restructure, and challenge operators already under pressure to replace diminishing cash flows.
The Australian Government’s heavy investment into the aged care sector continues with a $2.6 billion announcement to fund the second pay rise for 60,000 nurses, taking its total wage increase commitment to almost $18 billion.
The latest Quarterly Financial Snapshot report for the aged care sector delivered some shock results for residential care providers, emphasising the need to find viable operational solutions.
Regis Healthcare has delivered strong earnings growth and cash flow generation across the first half of Financial Year 2025 (FY25).
Aged care providers have less than a fortnight to prepare for increases to minimum award wages for registered and enrolled nurses as the Fair Work Commission’s final determination in the Aged Care Work Value Case comes into effect.
Residential aged care providers have expressed varying degrees of confidence following changes to RAD guidelines allowing providers to set far higher prices without external approval.
Workforce innovations are about to be fast-tracked into existence following the launch of the Aged Care Collaborative which will fund and support evidence-based projects that address critical workforce challenges in the sector. The $3 million Aged Care Collaborative is the latest exciting Aged Care Research & Industry Innovation Australia (ARIIA) development. It will offer three […]
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