With a wide range of financial requirements and constraints, aged care providers always need to be up-to-date with relevant information. We’re here to help keep you abreast of Government changes, workforce tips and expert insights so you can deliver the best possible care outcomes and staff experiences.
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Aged care’s $300M tech gamble: A costly digital trap?
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?
An uneven playing field: The risk new minimum liquidity standards pose
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.
Gov aims to close the aged care nurse gap with $2.6 billion commitment
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.
Shock profitability drop: Can residential care afford to delay change?
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 reports sustained growth in FY25 results
Regis Healthcare has delivered strong earnings growth and cash flow generation across the first half of Financial Year 2025 (FY25).
Are you prepared? Aged care nurse wages to rise on March 1
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.
RAD changes highlight pricing strategy complexities
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.
Aged Care Collaborative launches to address critical workforce challenges
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 […]
Reform transition comes at a cost, StewartBrown report finds
StewartBrown’s latest aged care financial performance analysis paints a contrasting picture for the sector. Last year, modest revenue gains failed to overcome continuous growth in direct care and administration expenses.
Home care providers: Secure your $10,000 grant before month-end
The Department of Health and Aged Care is stepping up to support home care providers as they prepare to implement the new Support at Home Program and the Strengthened Aged Care Quality Standards.
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