Aged Care

SATURDAY: Increased worker utilisation, reduction in payroll processing times – the real-world benefits of integrated technology systems

Jul 26 2023 Updated March 12, 2024

Caroline Egan

1 min read

Since Not For Profit home care provider Community Vision invested more than $1 million in their information technology systems, the results speak for themselves.

CEO Yvonne Timson says their integrated IT systems not only deliver efficiencies, but they also deliver real-world benefits to older people.

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The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

The Federal Government is seeking to set minimum liquidity requirements for residential aged care providers for the first time – dangerous territory for a sector that has finally reached a level of financial and regulatory certainty. Previously...

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Lauren Broomham

20 Feb 2025

Government Policy

New minimum liquidity ratios for aged care revealed

The new Aged Care Quality and Safety Commissioner, Liz Hefren-Webb, hosted a webinar on Tuesday outlining the New Financial and Prudential Standards, which remain open for consultation but due to take effect from 1 July 2025.

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Caroline Egan

20 Feb 2025

Government Policy

Always read the fine print: retirement village payments captured under new aged care liquidity ratios

A closer look at the legislation underpinning the Federal Government’s proposed minimum liquidity standards has revealed that aged care providers who also operate independent living units (ILUs) and retirement villages will have to retain 10% of ILU and retirement village refundable amounts under the changes.

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Caroline Egan

27 Feb 2025

Mergers & Acquisitions

Lendlease hands over $44M to ATO over sale of retirement village business but still disputes wrongdoing and $112M claim

The former No. 1 village operator, which has steadfastly stated it has acted within the law, disclosed in its HY25 financial report a payment to the Australian Tax Office (ATO) over the sale of 25% of its retirement living business to Dutch pension...

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Ian Horswill

24 Feb 2025

Government announces AN-ACC increase for nurses pay rise the day before the change took effect

IHACPA provided their updated advice to the Government on 19 February, but it took nearly 10 days for the Government to provide the updated AN-ACC figures - leaving operators in the dark.

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Caroline Egan

12 hours ago

Government Policy

Provider feedback on liquidity ratios “robust”: Aged Care Quality Commissioner Liz Hefren-Webb

The Aged Care Quality Commission has already received feedback from a broad range of aged care providers about the proposed liquidity ratios, which were revealed last week and are open to consultation until 7 March.

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Caroline Egan

28 Feb 2025

Government Policy

Home care wait list climbs to over 81,000 with six month delays at all levels

Over a five-month period, the number of older Australians waiting to receive their correct level of Home Care Package has increased by 5,000 according to data released in Senate Estimates on Wednesday.

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1 July ICT changes linked to aged care reforms now set to be staged

The Federal Government appears to have bowed to pressure around the timing of ICT changes for the new Aged Care Act, with the Department of Health and Aged Care (DoHAC) revealing that will upgrades to their Information and Communication Technologies (ICT) will now be staged until 2026.

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Caroline Egan

27 Feb 2025