News & Resources
19 January 2015
Three key ways to measure the impact that aged care reform has had on your service
Six months on from the introduction of major reform across the aged care sector – providers are continuing to bed down new approaches. But many are unsure about how to measure whether the new approaches are working, and what impacts the reforms are having on the bottom line for...
07 November 2014
The 2014 results are in!
The findings of the 2014 Bentleys National Aged Care Survey found that: Top operators are driving sector growth The results of the 2014 Bentleys National Aged Care Survey have found that cost efficiencies, economies of scale and improvements to technology and administrative...
07 September 2014
Top Tips to help you to manage the impacts of reform
Aged care in Australia is undergoing the most significant reform in a generation. For providers, understanding and managing the impacts of these reforms is vital to ensure that your service’s financial viability is protected and strengthened....
20 August 2014
Top Tips for managing the impacts of reform: New Resident Information
Explaining the new payment methods, means testing and other changes to residents will come with its fair share of challenges as we all familiarise ourselves with the new frameworks. These top tips will provide you with a succinct and easy to implement starting point to ensure...
14 August 2014
Top Tips for managing the impacts of reform: Activity Driver Improvements
Identifying and measuring the activity drivers in your service is only part of the priority. Understanding how to manage these activities in order to improve returns is where true value is realised...Identifying and monitoring key activity drivers of your organisation is critical to...
06 August 2014
Top Tips for managing the impacts of reform: Debtor Management
The change in accommodation funding sources and the annual caps on resident care fees will impact the debtor profiles for providers. Debtors are predicted to increase, and the gap between those who proactively manage their debtor profile and those who don’t will widen...
30 July 2014
Top Tips for managing the impacts of reform: Board Reporting
The impacts of the reforms in aged care will be a key agenda item for Board and Management meetings in the months (even years) ahead. Delivering board reports that “THINK AHEAD” is critical to ensure that your service is equipped to make strategic decisions. The following tips...
22 July 2014
Top Tips for managing the impacts of reform: Profitability Analysis
Analysing profitability and managing the profit drivers for your aged care service is a more straightforward process when your income and related expenses are aligned to the key business streams of accommodation, care and services. ...
14 July 2014
Top Tips for managing the impacts of reform: Treasury Management
Understanding and managing your balance sheet capital funding requirements and putting strong treasury management in place is the first fundamental step to navigating your service through reform. The following tips provide you with a guide for reviewing and strengthening your...