Financial statistics revealed for residential aged care sector

| 05 Sep 2017

The Aged Care Financing Authority (ACFA) have released their financial report for 2015-16, which revealed that the total revenue for residential aged care providers across Australia rose 8.6 per cent, with expenses increasing 8.1 per cent. ACFA found that for-profit and metropolitan providers outperformed not-for-profit and government providers, and those in regional and rural areas.

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Tags: ACFA, ACFI, aged care, Aged Care Financing Authority, Aged Care Funding Instrument, ageing, dementia, funding, government, health, residential aged care

Sophia Bolden

Communications Manager

Sophia Bolden is the Communications Manager at Telstra Health - ADCC (formerly iCareHealth). With a background in the disability and aged care sector, she brings an understanding and passion for aged care. Sophia recognises the importance of social media and online communication in relating technology and aged care news in the most effective way possible.

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