Mirus Industry Analysis (MIA) – November 2024 edition
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
Keep informed with regular insights, data, reports and analysis of aged care industry trends and issues
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
Amid the pressures of the current aged care environment, many aged care providers are asking a critical question: How can we achieve more with less and still enhance the quality of care? AI Agentics, an advanced digital technology solution, offers a promising answer.
As aged care reforms evolve, staying informed about changes to programs like Support at Home can feel overwhelming, especially amid the demands of daily operations. To support your journey, we’ve compiled a list of essential resources, articles, and insights to keep the aged care sector up-to-date on the Support at Home program.
Revenue leakage is a silent but substantial challenge affecting many industries, and Australian aged care is no exception. Revenue leakage is the loss of revenue due to inefficiencies, errors, or missed opportunities, and it can undermine financial sustainability and jeopardise an aged care provider’s ability to deliver optimal care.
From January 1, 2025, the maximum chargeable Refundable Accommodation Deposit (RAD) without prior approval from the Independent Hospital and Aged Care Pricing Authority (IHACPA) will increase to $750,000—and for the first time, this cap will be indexed 1 July each year. Here’s what this change means for providers.
In aged care, precision and efficiency in handling information aren’t optional; they are vital. Spreadsheets might feel like a reliable and familiar tool, but they come with limitations. Here, we share why aged care facilities should consider a purpose-built platform like our Mirus Metrics platform for managing AN-ACC processes and much more.
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
At the recent Aged Care Workforce Leaders conference in Sydney on September 11 and 12, we facilitated breakout sessions with senior aged care leaders who tackled some of the most pressing issues in workforce management in aged care sectors. With staff shortages, unplanned leave, and cultural challenges at the forefront, the workshop sessions fostered dynamic conversations around innovation and strategy. In this blog, we share some of those insights.
The aged care and home care sectors in Australia are currently experiencing major reforms and providers are grappling with a lack of clear information regarding the new Support at Home model, even three years after the Royal Commission. This ongoing uncertainty, coupled with shifting implementation dates, has left many feeling like they are “planning in the dark”.
From 1 October, the AN-ACC price will include new weightings for each class’s NWAU in addition to the indexation to the National Efficient Price. Here we unpack further what these changes mean for your facility.