New Residential Aged Care Funding method recommentations
Residential Aged Care is continuing to change, residents are increasingly setting older and frailer. With the changing demographic of residents, the funding instrument needs to change to keep up. The proposals are to change ACFI from an Additive design where you add the scores to get a value to a Branching design where there are fixed and variable components. 5 options were looked at with the Branching option being the one that was recommended.