Mirus Industry Analysis (MIA) – October 2021 edition
October 15, 2021 | Aged Care Management
Not-for-Profits outperform in ADS & Occupancy.
Rob Covino presents Mirus Industry Analysis (MIA) insights into the previous month’s key performance indicators across the not-for-profit, private providers, and the cumulative industry trends from the 89,000+ beds the Mirus Australia team currently monitors for financial sustainability.
The September period saw Occupancy levels hit a 12-month high at 89% occupied bed days. The Industry saw 243 more admissions than last month, with Private operators achieving 13% more admissions through the Hospital channels than the previous month.
The Industry can expect continued growth of Average Daily Subsidy (ADS) as both the Private and Not-For-Profit operators achieved nearly 4% of their ACFI reassessment Voluntary claims in September.
Overall Care Minutes saw a steep drop of over 18%. However, the largest decline came from the Assistant in Nursing (AIN) and Enrolled Nursing (EN) minutes, dropping by nearly 20%, with an average of 98 minutes per bed per day.
Lastly, our AN-ACC Essentials Course is having very positive feedback as many organisations are beginning to prepare for the ACFI to AN-ACC transformation which is now less than 12 months away. As your organisation gets ready for this transition, please visit our dedicated AN-ACC Resource Hub page, to see tools, insights, and advice to help you prepare and manage the change with confidence.
Download a PDF of our data slides to use in your own presentations.
Get insights for your own organisation against the industry data
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About Mirus Industry Analysis (MIA)
We love numbers and we love data! With one of the largest Aged Care databases in Australia, each month we bring you MIA – a monthly wrap up of insights captured from data covering 89,000+ beds.
Please contact us if you have any questions about this edition.
