Knowing how aged care providers operate and manage their finances can help older people, their families and carers compare and choose the right provider for them.
The ‘Finance & operations’ tab of the Find a provider tool on the My Aged Care website shows what aged care homes and Home Care Package providers spend on care, staffing, food, and other expenses.
Publishing this information aims to improve the transparency of aged care services in Australia.
It also allows providers to compare their performance against the sector and identify opportunities for improvement.
This is the first update since the information was published in February 2024 that includes data from providers’ annual reporting, as well as quarterly reporting.
Read more about publishing finance and operations information.