In this guest post, Rob Covino presents Mirus Industry Analysis, insights into key performance indicators across the not-for-profit, private providers and the cumulative industry trends from the 89,000 beds Mirus currently monitors for financial sustainability.
The September period saw Occupancy levels hit a 12-month high at 89% occupied bed days. The Industry saw 243 more admissions than last month, with Private operators achieving 13% more admissions through the Hospital channels than the previous month.
The Industry can expect continued growth of Average Daily Subsidy (ADS) as both the Private and Not-For-Profit operators achieved nearly 4% of their ACFI reassessment Voluntary claims in September.
Overall Care Minutes saw a steep drop of over 18%. However, the largest decline came from the Assistant in Nursing (AIN) and Enrolled Nursing (EN) minutes, dropping by nearly 20%, with an average of 98 minutes per bed per day.
Lastly, our AN-ACC Essentials Course is having very positive feedback as many organisations are beginning to prepare for the ACFI to AN-ACC transformation which is now less than 12 months away. As your organisation gets ready for this transition, please visit our dedicated AN-ACC Resource Hub page, to see tools, insights, and advice to help you prepare and manage the change with confidence.