Between 70 and 80 percent of an aged care provider’s revenue is subsidised by the Government, via ACFI. For many aged care providers, this can equate to millions of dollars’ worth of funding each year. It’s essential for all providers to review and optimise their subsidy revenues to ensure they receive the correct amount of funding entitlements.
But how can you ensure that you receive the right ACFI funding entitlements without having to find the extra time, resources and expertise to make it happen? Fortunately, there are a variety of ACFI optimisation tools that help streamline the process.