The analysis of the operating performance of 974 aged care facilities and 24,952 home care packages for the year to 30 June 2018 by accounting firm StewartBrown reveals a continuing decline in profitability in both residential care and home care. The Aged Care Funding instrument (ACFI) government subsidy to aged care providers has been frozen[…]
When the government funded packages for home care were provided to the consumer from February 2017 rather than being allocated to the provider, they became subject to Australian Consumer Law. The Australian Competition and Consumer Commission recently outlined the rights of home care package consumers. As a consumer of home care or as a carer[…]
On 9 October 2018, the Commonwealth government the establishment of a Royal Commission into Aged Care Quality and Safety. The Commissioners are the Honourable Justice Joseph McGrath and Ms Lynelle Briggs AO. It is proposed that the Royal Commission will run for 18 months and provide its final report by 30 April 2020. Funding per[…]