Purpose: Residential
The funding for residential aged care is a complex maze and a critical area for an organisation’s financial success where providers need to ensure they are receiving all the funding they are entitled to. This course has been designed to explain in detail, with working examples; the intricacies of the funding of residential aged care for those who would like to understand how it works or who are new to the industry.
Topics Covered
- Basic daily care subsidy
- Funding supplements
- Supported/concessional resident and the financial implications
- Calculation of accommodation bonds and charges
- Income tested fees
- Financial implications of ACFI
- Difference in subsidies and fees for resident pre and post 20 March 2008
- Detailed explanation of the monthly Claim Form and Payment Statement
- Reconciliation of the monthly Payment Statement from the Department of Health and Ageing
- Resident financial assessment strategies
- Financial benchmarking
- Strategies to beat occupancy problems
Target Audience
- Chief Executive Officers
- Board Members
- Financial Officers
- Facility Managers
- Administration Officer
Course Fee
Members $271 Non Members $311
DATES
19/4/2012 Merimbula
10/7/2012 Sydney
30/7/2012 Orange
1/8/2012 Narrabundah – ACT
6/8/2012 Coffs Harbour
22/10/2012 Booragul
