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.
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.
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.
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.
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.
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.
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.
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.
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.
Please join Mirus Industry Analysis (MIA), a monthly video series hosted by Rob Covino.