Mirus Industry Analysis (MIA) – March 2025 edition
March 18, 2025 | Mirus Industry Analysis (MIA)
Total care time still falling short despite increase in RN time
Rob Covino presents Mirus Industry Analysis (MIA), a series of monthly insights into the key performance indicators and cumulative industry trends from the 90,000+ beds we monitor for financial sustainability.
Welcome to the March 2025 edition.
Revenue
In February, the industry Average Daily Subsidy (ADS) decreased slightly to $297.90, down by -0.18% from January. Voluntary claiming rose to 4.19%, while reassessment wait times grew from 22.11 days in January to 27.81 days in February—a 25.74% increase.
Occupancy
Workforce management
Total direct care minutes increased slightly to 208.54 minutes per resident per day, though still below the desired 215-minute requirement. RN minutes rose by 1.48% to 43.96 minutes, falling just short of the required 44-minute benchmark.
Our March webinar will explore the challenges surrounding care minutes, including the financial impact of funding changes, compliance risks, and the growing need for effective staffing strategies. You can register for it here.
As a MIA subscriber you will have access to the full data set
breakdown as a downloadable PDF
About Mirus Industry Analysis (MIA)
With one of the largest aged care databases in Australia, each month we bring you MIA – a monthly wrap up of insights captured from data covering 90,000+ beds.
| Please note: This video uses AI-powered technologies, including an AI-generated presenter to replicate a real person’s image and/or voice, to deliver industry analysis. Some or all of the visuals and voice in this presentation may be computer-generated. |
