Expert insights for Aged Care providers grappling with reform, labour shortages and consolidation.
The government calls its reform of Aged Care a ‘once in a generation’ reform. It is that. And most Aged Care providers welcome the reform. But they are being asked to manage this landmark systemic change whilst dealing with a web of interconnecting challenges:
- The ongoing effects of Covid on clients, operations and budgets.
- A critical labour shortage exacerbated by Covid-immigration restrictions and competition for key staff.
- The difficulty of attracting clients into centres given Covid fears, staff shortages and increased HomeCare funding.
How can providers manage these reforms, ensure their future viability and protect the interest of their clients?
The answers can be found in a new white paper, jointly produced by Aged & Community Services Australia (ACSA), advisory group Fordham and investment specialist Perpetual.
- How adaptable is the organisation and its people?
- What are the financial metrics providers need to manage to survive and thrive?
- Predator, prey or partner – where does an organisation sit in a consolidating aged care sector?
Ultimately, the white paper is designed to help Aged Care providers and their leaders make the crucial decision – Stay and Grow. Or go.
It’s an invaluable, practical roadmap for all providers.
Get in touch with our Health & Senior Living specialists:
Julie Hough
02 9299 3525
Michael Sutherland
msutherland@fordhamgroup.com.au
03 9611 6733