The new regulation – painting a picture of risk
Under the new Regulatory model, risk-based monitoring will rely on data and regulatory insights to identify potential risks or issues.
Under the new Regulatory model, risk-based monitoring will rely on data and regulatory insights to identify potential risks or issues.
Would you like to better understand your current financial position under AN-ACC? The AN-ACC Accelerator Program is designed to provide fast results, giving you a clear picture of your current resident classifications and options for aligning your funding with rosters.
The latest regulatory bulletin has shed light on the commission’s stance towards staffing issues including meeting care minute targets.
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’.
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.
Last week, the Department of Health and Aged Care (the Department) conducted another webinar which gave an overview of how providers’ operational and financial data will be published on My Aged Care from February 2024 to increase transparency.
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.
The Commission’s utilisation of various information sources to construct a comprehensive risk profile for each provider assures that no stone will be left unturned, building on earlier discussions with the Commission. Mirus Australia have been passionately working on addressing the complexities of care minutes and the AN-ACC framework from multiple angles.