- Posted on 7 Dec 2023
- 1-minute read
On 7 December 2023, the UTS Ageing Research Collaborative (UARC) released the fourth edition of its independent report, Australia’s Aged Care Sector.
The report includes detailed analyses of de-identified datasets collected by StewartBrown, including financial, workforce and other operational results, for 1197 aged care homes and 68,129 home care packages.
It also provides independent analyses of the first year of AN-ACC, Star Ratings results and the opportunities the drafting of the new Aged Care Act presents.
Highlights include:
- Financial performance continues to deteriorate
- Losses grow for non-care services
- Acute financial viability issues in rural areas
- Larger providers benefit from economies of scale
- Workforce pressures persist.
READ AND DOWNLOAD FROM UTS OPUS:
Australia’s Aged Care Sector: Full-Year Report 2022-23
WATCH THE WEBINAR:
View a recording of the webinar held on 11 December 2023 and download the presentation slides.