New ACFI model explained
The AN-ACC assessment and funding model is based on the following six key design elements:
resident funding assessment to be separate from resident care planning assessments
funding assessment to be undertaken by external assessors capturing the information necessary to assign a resident to a payment class
care planning assessment to be undertaken by the aged care facility based on resident needs and underpinned by consumer directed care principles
a one-off adjustment payment for each new resident that recognises additional but time-limited resource requirements when someone enters residential care
a fixed price per day for the costs of care that are shared equally by all residents and that may vary by location and other factors
a variable price per day for the costs of individualised care for each resident based on their AN-ACC casemix class.