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Aged Care Financial Monitoring and Business Assistance fact sheet

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Publication date: 
6 July 2020
Last updated: 
28 August 2020
Publication type: 
Fact sheet
Intended audience: 
Health sector
Description: 

This fact sheet explains how we work with residential aged care providers at financial risk. It includes information about:

  • the importance of financial monitoring 

  • contact, collaboration and responsiveness

  • partners

  • measures of provider viability

  • residential viability

  • occupancy

  • economies of scale and resident mix

  • EBITDA

  • negative equity position

  • audit qualification

  • wages to turnover ratio

  • balance sheet metrics

  • further information