The amount of unspent home care funds being held in provider bank accounts has hit almost $600 milllion.
The classification method used in the proposed residential aged care funding model is complex and poor-performing and alternative modelling should be explored, the consultation on the new model hears.
The assessment and funding model proposed by the University of Wollongong recommends residents be grouped by 13 payment classes and that facilities not be advised of a resident’s class until after they are in care.
The one-off $320 million increase to residential aged care subsidies takes affect from today, the government has announced.
The federal government has announced funding of $100 million for the Commonwealth Home Support program as the latest figures show the waiting list for Home Care Packages continues to balloon.
The Federal Government is working with industry and the Opposition on a bipartisan short-term plan to increase residential aged care funding.
The Tune Review was a missed opportunity for a broad debate on financial sustainability, writes Professor Mike Woods.
There are growing calls for government to deliver a sustainable funding system following the release of the review into the Aged Care Funding Instrument, while the minister says he’ll now begin consultations.
The Aged Care Funding Instrument should be dumped and a “blended payment” model with activity-based funding implemented in residential care, the government-commissioned report into ACFI has found.
From reforms to reviews, it’s been a busy year in aged care news, but it was our reports on the six-month saga over cuts to the sector’s funding announced in the May federal budget that most drew your attention.
The Federal Government announces changes to how it will achieve savings of $1.2 billion in aged care funding by adjusting some of the controversial measures contained in its May budget.
Aged care provider peak bodies and consumer representatives welcome government adjustments to aged care funding changes but say the saga highlights the urgency of developing a new funding model.
The Department of Health says the Commonwealth will consult with aged care stakeholders and examine international evidence on the proposal to appoint external third parties to assess residents’ needs to determine government funding.
The Department of Health has commissioned the new resource to clarify commonly misunderstood aspects of the Aged Care Funding Instrument and to help aged care providers receive appropriate funding by accurate claiming.