Mirus Industry Analysis (MIA) – October 2024 edition
October 17, 2024 | Mirus Industry Analysis (MIA)
Permanent admissions up 18%, alongside growth in respite usage
Rob Covino presents Mirus Industry Analysis (MIA), a series of monthly insights into the key performance indicators and cumulative industry trends from the 90,000+ beds we monitor for financial sustainability.
Welcome to the October 2024 edition.
Revenue
In September, the industry Average Daily Subsidy (ADS) slightly decreased by -$0.09, finishing at $271.57. Claiming activity for the month saw a decline of -0.79%, reaching 8.11%. The average age of AN-ACC claims over 12 months also dropped to 41.98%, marking a decrease of -1.75%.
Occupancy
Workforce management
Total direct care minutes decreased by -0.04% in September, reaching 203.03 minutes per resident per day. RN minutes also saw a slight decline of -0.22%, now at 42.21 minutes per resident per day.
As a MIA subscriber you will have access to the full data set
breakdown as a downloadable PDF
About Mirus Industry Analysis (MIA)
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 90,000+ beds.
