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|Report on the profitability and viability of the Australian aged care industry||9.36 MB|
The Royal Commission into Aged Care Quality and Safety is inquiring into the quality of aged care services provided to Australians, the causes of any systemic failures, and any actions that should be taken in response. Financial arrangements for the sector are an important consideration.
The Royal Commission engaged BDO to provide this independent analysis of the finances of the aged care sector, including an assessment of profitability and financial viability, to inform the Commissioners’ development of recommendations.
BDO’s analysis covers finances for Approved Providers, Residential Aged Care and Home Care, with a focus on the most recent years. In this report, they have considered these results in the context of the sector’s commercial and operating model. They have also explored whether there are relationships between financial indicators and available care indicators.