The impact of the revised ACFI changes on the three ASX-listed aged care providers will see an overall funding loss of $17 per resident per day compared to previous estimates of $24 per day, according to a report in the Australian Financial Review.

While stock prices increased by up to 14 per cent in the case of Japara on Tuesday after Assistant Minister Ken Wyatt made the announcement of a one-year freeze in indexation on ACFI in 2017 and a 50 per cent freeze in 2018. It is understood that shares in Regis and Estia rose 13.1 per cent and 11.5 per cent respectively.

Investment group BAML said that while difficult to calculate, it expects the changes will add $7.50 per day per resident to funding from 2017, while the freeze in indexation would see a funding loss of $1.35 per day per resident from fiscal 2018.

The overall earnings per share of all three companies are still expected to drop, in the case of Estia by 5.8 per cent.