Providers can move to raise their revenue by optimising facility design, according to an aged care advisory firm. StewartBrown's latest review into the sector estimated that up to 50 residential care homes could be closing their doors in the next 18 ...
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Tag Archives: financial sustainability
Medicare levy a potential fix for sector financial woes
A raised Medicare levy could help address mounting deficits facing aged care providers, industry experts have said. Quarterly StewartBrown reports continue to show the aged care sector is struggling, with 67 per cent of providers losing money. The Royal Commission ...
More »Aged care costs could double by 2060
The ‘declining’ financial sustainability of Australia’s aged care sector will see taxpayer costs for services double over the next 40 years, according to a new report. Researchers from the UTS Ageing Research Collaborative (UARC) published a new independent discussion paper ...
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