About the MAP
The Market Adjustment Program (MAP) provides funding to:
- avoid untimely aged care service closures
- support orderly exits and service consolidation, where appropriate.
The MAP may also support initiatives aimed at improving business capability to reduce the chance of declining services.
From 1 July 2023, the MAP replaced the following viability programs:
- Business Improvement Fund
- COVID-19 Viability Fund
- Structural Adjustment Fund.
Eligibility
The MAP is for residential aged care and Support at Home providers. We will prioritise support based on factors such as your:
- service location, such as rural and remote location
- whether alternative services are available
- size
- service specialisations
- community contribution of the service, for example an employer of the local community.
Why it is important
Support is intended to ensure continuity of care for care recipients. It helps you to:
- manage a transition, sale or an orderly closure (when warranted)
- get help if facing financial crisis and insolvency and implement longer-term self-sufficiency
- avoid liabilities to the Australian Government through unnecessary activation of the Accommodation Payment Guarantee Scheme (residential aged care providers only)
- implement business improvement or restructuring activities at the service or provider level (residential aged care providers only).
Support available
The MAP will provide funding through three streams:
- Improvement of Business Operations (only residential aged care providers are eligible for Stream 1)
- Sale or Closure (both residential aged care and Support at Home providers are eligible for Stream 2)
- Critical Failure (both residential aged care and Support at Home providers are eligible for Stream 3).
How to apply
Applications are by invitation only.
We will decide grant amounts and the funding stream case by case after assessing your:
- risk profile
- strategic need
- value for money.
Related information
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