Aged care industry leaders have expressed concern around the lack of allocated funding for a replacement dementia supplement in the recent budget update.Read more >
Posts tagged 'funding'
Following the conclusion of the 2014 Aged Care Approvals Round (ACAR), the Federal Government has announced that $833 million worth of aged care places will be created across Australia.Read more >
Senior executives from Melbourne’s aged care community have turned up in full force for Deloitte and iCareHealth’s first-ever aged care roundtable lunch, to discuss the implications of the 10-year plan for aged care reform ‘Living Longer Living Better’, under the Coalition Government. In this post, we review some of the key issues and concerns that were raised throughout the informative discussion.Read more >
Between 70 and 80 percent of an aged care provider’s revenue is subsidised by the Government, via ACFI. For many aged care providers, this can equate to millions of dollars’ worth of funding each year. It’s essential for all providers to review and optimise their subsidy revenues to ensure they receive the correct amount of funding entitlements.
But how can you ensure that you receive the right ACFI funding entitlements without having to find the extra time, resources and expertise to make it happen? Fortunately, there are a variety of ACFI optimisation tools that help streamline the process.Read more >