Work completed by ACFA to date Work completed to date Work Progress/date of completion Definition of significant refurbishment to qualify for Final ACFA advice to Minister on a higher accommodation supplement 21 November 2012. Government announced its position on 21 December 2012 The framework for setting accommodation Final ACFA advice to Minister on payments in residential aged care 28 November 2012. Government announced its position on 21 December 2012 Further advice on method for determining a RAD and a DAP using a MPIR to Minister on 17 May 2013. Government announced its position on 23 May 2013 Estimation of the possible impacts on revenue and advice and KPMG modelling provided to ACFA’s balance sheet funding from changes to Minister on 22 May 2013. Government released accommodation payment arrangements advice and modelling on 23 May 2013 ACFA Inaugural Report on the funding and 30 June 2013. Government released the report on financing of the aged care sector 22 July 2013 Interim advice to the Minister on improving the 31 July 2013. Government released the report on collection of financial data from aged care 28 August 2013 providers Data book on supported and non-supported 30 April 2014. Government released the report on residents 28 May 2014 second report on the funding and financing 1 August 2014. Government released the report on ACFA’s of the aged care sector 29 August 2014 Reports on the impact of financial reforms on the First report 6 August 2014 – aged care sector Second report 9 September 2014 – Third report 29 September 2014 – Fourth and Fifth report 20 January 2015 – Sixth report 13 March 2015 – Seventh report 21 April 2015 – Report on improving the collection of financial data Final ACFA report to Minister from aged care providers Released 28 October 2014 Report on factors influencing the financial Initial report on factors influencing the financial performance of aged care providers performance of residential aged care providers delivered to Minister on 5 May 2015. Government released the report on 2 June 2015.
Work completed by ACFA to date Work completed to date Work Progress/date of completion Definition of significant refurbishment to qualify for a higher accommodation supplement Final ACFA advice to Minister on 21 November 2012. Government announced its position on 21 December 2012 The framework for setting accommodation payments in residential aged care Final ACFA advice to Minister on 28 November 2012. Government announced its position on 21 December 2012 Further advice on method for determining a RAD and a DAP using a MPIR to Minister on 17 May 2013. Government announced its position on 23 May 2013 Estimation of the possible impacts on revenue and balance sheet funding from changes to accommodation payment arrangements ACFA’s advice and KPMG modelling provided to Minister on 22 May 2013. Government released advice and modelling on 23 May 2013 ACFA Inaugural Report on the funding and financing of the aged care sector 30 June 2013. Government released the report on 22 July 2013 Interim advice to the Minister on improving the collection of financial data from aged care providers 31 July 2013. Government released the report on 28 August 2013 Data book on supported and non-supported residents 30 April 2014. Government released the report on 28 May 2014 ACFA’s second report on the funding and financing of the aged care sector 1 August 2014. Government released the report on 29 August 2014 Reports on the impact of financial reforms on the aged care sector First report – 6 August 2014 Second report – 9 September 2014 Third report – 29 September 2014 Fourth and Fifth report – 20 January 2015 Sixth report – 13 March 2015 Seventh report – 21 April 2015 Report on improving the collection of financial data from aged care providers Final ACFA report to Minister Released 28 October 2014 Report on factors influencing the financial performance of aged care providers Initial report on factors influencing the financial performance of residential aged care providers delivered to Minister on 5 May 2015. Government released the report on 2 June 2015.
acfa_report_28082015-_accessible_version_slight_changes_28_aug.docx