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Bed licenses fall short by 24%. Community Care the reverse by 1300%
Feb 06 2012
1 min read
The Weekly Source

Just 7,933 of the 10,493 residential aged care places were taken up in the latest round of offers, reflecting again the inability of providors to afford building new beds under current funding. At the same time the sector sought 24,000 community care places but received only 1,724. The Government still has not responded to the Productivity Commission report and its user pays recommendation.

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The Weekly SOURCE

Breaking down silos: Whiddon’s regional pilots are transforming aged care

Six 12-week Collaborative Health Care (CHC) Initiative pilots are now live across regional NSW, bringing aged care providers, hospitals, insurers, and Government agencies together to tackle some of the biggest pressure points in health and aged care.

Lauren Broomham
19 hours ago
The Weekly SOURCE

66 recipients of Aged Care Capital Assistance Program grants announced

The Australia Government has announced 66 recipients of its Aged Care Capital Assistance Program with grants worth $300 million. The largest - a grant of more than $50 million - has gone to Southern Cross Care (QLD) to build a new 94-bed residential care home in Broken Hill, NSW.

Caroline Egan
20 hours ago
The Weekly SOURCE

Would you invest in a business with zero margin?

The latest AN-ACC prices and weightings, released late last Friday, confirmed what many feared: after an initial uplift, the clawback has begun. Operators who saw gains since AN-ACC’s 2023 launch now face funding being stripped back. 

Lauren Broomham
22 hours ago
The Weekly SOURCE

Elevator Pitch Mini-series | Future-Proofing Operations

Suppliers helping aged care providers stay efficient, compliant, and financially sustainable. Aged care and retirement living operators face rising costs, tougher regulation, and higher expectations from residents and families. Meeting these...

Group Editor
23 hours ago