Mirus Industry Analysis (MIA) – December 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.
The new Aged Care Act and the Support at Home Program are set to commence in July 2025, and perhaps this Christmas break offers a unique opportunity for Home Care providers to get ahead. Here are 5 key questions to consider to prepare your organisation for the transformation.
With the new Aged Care Act, updated accommodation pricing caps, and the introduction of Higher Everyday Living Fees (HELF) in 2025, proactive and adaptable planning is needed to navigate uncertainty and seize opportunities. In this blog, we share practical strategies to prepare for these changes, including scenario planning, capability building, and fostering adaptability within teams.
With the introduction of the Single Assessment System (SAS) from 9 December 2024, the days of navigating multiple assessment processes, facing inconsistent eligibility criteria, and juggling fragmented referral pathways will soon be behind us. For residential aged care and home care providers, this shift signals an important opportunity to get ahead of the curve—starting now.
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.