Revenue Management

With the new Aged Care Act, updated accommodation pricing caps, and the introduction of Higher Everyday Living Fees (HELF) in 2025, proactive and adaptable planning is needed to navigate uncertainty and seize opportunities. In this blog, we share practical strategies to prepare for these changes, including scenario planning, capability building, and fostering adaptability within teams.

From January 1, 2025, the maximum chargeable Refundable Accommodation Deposit (RAD) without prior approval from the Independent Hospital and Aged Care Pricing Authority (IHACPA) will increase to $750,000—and for the first time, this cap will be indexed 1 July each year. Here’s what this change means for providers.

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

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

Providers have been asking about our forecast on where the AN-ACC pricing will be set this coming October. Here’s an overview of what’s ahead.