Leading up to the May 2012 Productivity Commission report on aged care and its future structure, the Government staged a background media beat up, arguing that consultants were advising care operators on how to ‘manipulate’ ACFI to increase income per resident.
The Stewart Brown figures below would appear to support the Government’s argument. It also supports the LASA and ACSA arguments that the sector is going to lose an additional $300M+ a year with the new ACFI rules, contrary to government claims.
Year on year increases in care subsidies and resident fees income across all facilities in our survey since 2007.
- 2007 / 2008 4.7%
- 2008 / 2009 5.7%
- 2009 / 2010 6.4%
- 2010 / 2011 10.8%
- 2011 / 2012 7.5%
- 2012 / 2013 1.3%