The three level pricing for aged care beds due to commence next July have been abandoned by the new government. Simplifying the process, they state operators will only need to apply to the Aged Care Pricing Commission to charge RADs refundable accommodation deposits (or bonds) - over $550,000. New guidelines are being developed but are not yet released.
ACSA CEO John Kelly AM has provided a further 14 options for reducing red tape in aged care administration as part of the National Commission of Audit.
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...