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Major changes to the Government Funding Model for Residential Aged Care

You are here: Home / General / Major changes to the Government Funding Model for Residential Aged Care
August 29, 2022 by Finley Regional Care

There are some major changes occurring in October regarding the Government Funding Model for Residential Aged Care.

You may have heard the term ACFI before – this is the funding model that has been used since 2008 and stands for the Aged Care Funding Instrument. This October, in response to the change in Aged Care Quality Standards and the Royal Commission into Aged Care, we will commence the AN-ACC (Australian National Aged Care Classification).

Responsibility for assessments for the AN-ACC with each resident no longer sits with each Aged Care Home but with specialist assessors, who have been trained in this new role. You may have seen, and talked to, assessors here earlier in the year who assessed each permanent resident and designated a classification based on nine different clinical assessments.

This classification, along with the type and location of each Aged Care Home, provides a designated amount of funding the Aged Care home receives for each resident. We believe this new funding model is fit for purpose and is administratively simple whereas the ACFI was administratively onerous and no longer fit within the structure of the Aged Care Quality Standards.

If anyone has any questions regarding the new funding model, come and chat to our Accommodation Coordinator, Zoe Stringer.

Category: General
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