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.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...