Survey Report out now
CorporateAdminSurvey
StewartBrown’s Corporate Administration Costs in the Aged Care Sector Survey finds:
Corporate administration costs continue to increase at a rate greater than the increase in revenue
There has been a particular increase in corporate administration staff costs
Organisations are on average spending 16.87% of their operating revenues on administration
Read the whole report.
The report has a lot of detailed analysis of administration costs in the aged care sector, and studies the different business characteristics that effect these costs in isolation. In particular we look at:
locations
net assets
revenue type
employee productivity
system use
Royal Commission-related spending
We must especially thank all those who took part with their data and insights this winter. So much was happening in the sector at the same time: the Royal Commission, the July reforms, and the reporting period for many organisations.
We had a response from aged care providers covering 492 residential care facilities with 39,085 operational places, 18,857 home care clients and 22,207 occupied independent living units.
StewartBrown ABN: 63 271 338 023
Level 2, Tower 1, 495 Victoria Avenue Chatswood, NSW, 2067