Mirus Industry Analysis (MIA) – November 2023 edition
November 21, 2023 | Mirus Industry Analysis (MIA)
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
Aged care insights
Keep informed with regular insights, data, reports and analysis of aged care industry trends and issues
Categories
Lessons from ‘Moneyball’: A data-driven approach to AN-ACC
November 9, 2023 | Aged Care Management
With the recent enforcement of mandated care minutes, we find ourselves in a precarious situation in the aged care sector. There’s a fine balance between maintaining occupancy and managing workforce costs efficiently, all while ensuring compliance with regulatory standards.
Three workflows to help solve the complexities of AN-ACC
October 25, 2023 | Aged Care Management
Managing the balance in the AN-ACC world now requires three (3) key workflows: Forecast AN-ACC classes for pre-admission and current residents to manage care revenue; Establish consistent Roster Demand Template/s; Control and understand your data to then strategically request reclassifications.
Mirus Industry Analysis (MIA) – October 2023 edition
October 16, 2023 | Mirus Industry Analysis (MIA)
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
What’s New? Changes to QFR & RN Responsibility Guide
October 11, 2023 | Aged Care Reform
Following the October 5 Department Webinar: Quarterly Financial Report – what’s changed?, several changes to QFR Reporting were outlined and subsequent updates were made to the Care Minutes & 24/7 RN Responsibility Guide.
Care Time Reporting Assessments (audits)
October 11, 2023 | Aged Care Reform
In accordance with the Department’s Reform Agenda, the Department is initiating individual Care Time Assessments (audits) of your reported care time data as of October 1st.
NEW! features now available: Mirus Metrics
October 6, 2023 | Data
Mirus Metrics now offers new and insightful Business Intelligence based on a complete AN-ACC dataset beyond just Medicare claims. Analysis of Medicare claim data alone is only half the story.
Key Insights – A New Model for Regulating Aged Care
October 5, 2023 | Aged Care Reform
With ongoing consultation on the regulatory model for aged care, the Department of Health and Aged Care conducted a webinar on the design of the new model in May. As we progress towards the go-live date in July 2024, we are putting together a summary of the key concepts and insights from the consultation and documents.
Are you ready for Care Time Reporting Assessments?
October 5, 2023 | AN-ACC
Within 18 months of 1st October, every provider will receive an assessment, and this will reoccur every 3 years or at random based on risk. The purpose of these assessments is to ensure accuracy of care minute reporting in Quarterly Financial Reports and 24/7 RN time in line with the 24/7 RN responsibility.
Care minute targets now mandatory
October 3, 2023 | Care Minutes
On the 1st October 2023, care minute targets became mandatory and the care minutes associated with each AN-ACC class were adjusted.