Survey Report out now
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
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.