Aged Care Facility

The answer is simple. Become the operator of an aged care facility. 8.15% per annum is the current Maximum Prescribed Interest Rate (MPIR) payable by aged care residents who are paying a Daily Accommodation Payment (DAP). Who pays the DAP? When a resident enters residential aged care, the Department of Human Services (Centrelink) will, by […]

The Australian Aged Care Quality & Safety Commission is responsible for assessing and accrediting aged care services in Australia. The agency publishes reports on its website (www.myagedcare.gov.au) which provide information about the quality of aged care services, including their star ratings. I previously blogged on this when the star ratings were about to be released […]

One of the changes foreshadowed by the Royal Commission into Aged Care Quality & Safety was the introduction of a new star grading system for aged care facilities. The ratings have been finalised and submitted to the facilities ahead of them being made publicly available in the very near future. The early release is so […]