Aged care accommodation prices available
May 27, 2014 | Aged Care Management
Following July 1, a number of changes are coming to the aged care sector that should make operations more efficient.
Aged Care News
How does your facility stack up against competitors?
Understanding your standing in the market is important to remain competitive – especially in a growing industry.
Understanding the priority financial terms
May 20, 2014 | Education and Optimisation
The key financial terms need to be understood for businesses, including current assets, amortisation and benchmarking.
Highlights for aged care in the 2014 budget
The federal budget was announced on May 13, bringing a number of required changes to the aged care sector.
Understanding financial policies and procedures
Financial policies and procedures should be put in place as aged care facilities grow. These documents are extremely useful.
Medical research funding boost to bring improvements to aged care
The medical research industry is set to receive a substantial funding boost over the next few years, providing benefits for aged care residents.
How to calculate EBITDA
May 13, 2014 | Education and Optimisation
EBITDA is a useful metric to evaluate business profitability, but should not be used to estimate cash flow due to the potentially negative financial impacts.
The importance of business budgeting
Well-prepared budgeting needs to become a primary business consideration, especially given the need to track finances.
What is a financial run rate?
May 7, 2014 | Education and Optimisation
Run rates should become a consideration for aged care providers, especially thanks to the benefits gained through use of the financial system.
The advantages of a connected workforce
A connected workforce could hold a number of benefits for aged care facilities, especially in regards to operating efficiency.