Following a considerable number of discussions with providers and peak bodies seeking our opinion in relation to the Quality Commission's recently released "Public consultation summary report (the new financial and prudential standards" which included the amended Financial and Prudential Standards, and in particular the Liquidity Standard, we have prepared a Discussion paper for public comment.
Please find attached the March 2025 Aged Care Performance Survey Analysis Report, covering the 9-month 1 July 2024 to 31 March 2025 period which incorporates detailed financial and supporting data from 1,192 aged care homes (99,323 beds/places) and 79,975 home care packages across Australia.
Click here to download a PDF copy of the Stewartbrown Aged Care Financial Performance Survey Analysis report for March 2025 (Nine months).
Please find attached the December 2024 Aged Care Performance Survey Analysis Report, covering the 6-month period from 1 July to 31 December. This report includes detailed financial and supporting data from 1,168 aged care homes (96,627 beds/places) and 77,750 home care packages across Australia. Below is an overview of some results and commentary.
Click here to download a PDF copy of the Stewartbrown Aged Care Financial Performance Survey Analysis report for December 2024 (Six months).
In conjunction with the new Aged Care Act 2024, the Aged Care Quality and Safety Commission recently released the Financial and Prudential Standards guidance for providers. The proposed new Liquidity Standard includes an enforceable minimum liquidity amount for all residential aged care providers, tailored to their circumstances.
The Quality Commission has sought submissions on the proposed new Financial and Prudential Standards as part of the consultation process (New Financial and Prudential Standards | Aged Care Quality and Safety Commission).
StewartBrown conducted a detailed modelling and analysis of the proposed new minimum liquidity guidelines which are included in the attached submission.
Click here to view or download the submission.
Please contact us should you seek any clarification in relation to this submission.
Please find attached the September 2024 Aged Care Performance Survey Analysis Report, covering the 3-month period from 1 July to 30 September. This report includes detailed financial and supporting data from 1,205 aged care homes (99,956 beds/places) and 77,555 home care packages across Australia. Below is an overview of some results and commentary.
Click here to download a PDF copy of the Stewartbrown Aged Care Financial Performance Survey report for September 2024 (Three months).
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