The Board Pack – Quarter 3 of FY24

What Executives and Directors need to know in Aged Care

A key development in Quarter 3 of 2024 was the release of the Aged Care Taskforce Report which made a number of recommendations following a review of funding arrangements for aged care.

The implementation of the new Aged Care Act has been delayed, which also delays the introduction of the strengthened Quality Standards.

Care minutes have increased, but as predicted, majority of providers fall short of their targets due to chronic workforce shortages.

The last quarter proved to be another big quarter of new information and changes. Our latest edition of the Board Pack summarises the key updates in the sector and implications for providers.