Revamp would cut aged care funding: analysis

Published 14th January 2019

Aged care facilities could lose more than $6,000 on average per resident annually under proposed changes to the Aged Care Funding Instrument, according to a new analysis.

The analysis seen by Australian Ageing Agenda shows the impact of the changes varied widely across the eight facilities examined – from a net benefit of $4,700 per resident annually to a loss of $20,000 per resident.

Allied Care Group, a consultancy that advises facilities on ACFI, examined the impact of Richard Rosewarne’s proposed “Revised-ACFI” against the current ACFI.

It reported on three residents per facility – of low, medium and high care needs – across eight residential facilities around Australia.

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Source:
Darragh O'Keeffe, 2019, Australian Ageing Agenda (https://www.australianageingagenda.com.au/about/)