The key to financial performance and data security
January 31, 2024 | Aged Care Management
Data breaches and cybersecurity have risen to the top of CEOs’ concerns in 2024, as revealed by a KPMG report ‘Keeping us up at night’.
Aged Care Management
The Feb 14 deadline is approaching: Have you got your QFR right?
January 15, 2024 | Aged Care Management
On 14 February 2024, all providers in Australia will need to submit the first QFR in the mandatory Care Minute era which began on 1 October 2023.
Take control of your data with Mirus Metrics
December 21, 2023 | Aged Care Management
On Friday, 30 November, the Department of Health and Aged Care brought to light an error in the accuracy of calculated care minute targets on My Aged Care.
Mirus Metrics rectifies care minutes calculation for My Aged Care
December 5, 2023 | Aged Care Management
On Friday, 30 November, the Department of Health and Aged Care brought to light an error in the accuracy of calculated care minute targets on My Aged Care.
Four AN-ACC case studies and the lessons learned
December 4, 2023 | Aged Care Management
After more than a year of AN-ACC, we have worked with over 100 providers to adjust their funding processes to the new AN-ACC model. Most of the industry are still evolving their internal structures and models and in this blog we review four real life examples of approaches and the lessons learned.
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) – September 2023 edition
September 18, 2023 | Aged Care Finance
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
A Guide to Managing Admissions
September 8, 2023 | Aged Care Management
The aged care industry is undergoing significant changes in response to government policies and evolving market dynamics. As part of these changes, the management of Refundable Accommodation Deposits (RADs) and Daily Accommodation Payments (DAPs) has become a critical aspect of financial governance for aged care providers. In this blog, we will explore the key steps and strategies involved in effectively managing accommodation revenue.
Cyber Security in Aged Care
September 7, 2023 | Aged Care Management
In this blog, we provide a summary of key takeaways from the recent cyber security webinar and steps that can be taken towards actions and improve systems oversight.