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The real heat being placed on the Government is to at least release the modelling of the Aged Care Funding Instrument (ACFI) that was used to cut the $1.2B from the next four years funding of residential aged care.
ACSA national CEO, John Kelly, departs the association on Thursday after leading it for nearly four years of significant change.
The Managing Director of the Provectus Care Group, Shane Moran, has been revealed as the buyer of the heritage-listed Darling House in Sydney’s Dawes Point, the most expensive purchase so far in the NSW government’s sell-off of historic properties adjacent to the Harbour Bridge.
With Consumer Directed Care due to kick off in seven months the 80% market domination of the home care market by the Not For Profit sector is potentially on the table for ‘disruption’ by new digital entrepreneurs, with billions of dollars at stake.
The Federal Government has cut what amounts to $300M a year in existing funding to residential aged care operators for the next four years.
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.