Date and time

Thu, 23 May 2024 1:00 PM – 4:00 PM AEST

Location

Online

Refund Policy

No Refunds

 

About this event

🌟 Are you worried about your financial sustainability in home care services?

🌟 Do you want to hear from experts StewartBrown about May Budget implications? 

🌟 Do you want to know what other providers are doing to prepare for the upcoming financial year and learn what changes you can make to your existing model? 

We all know just how hard it is to balance finances to remain competitive and sustainable in the highly-contested home care market. We also know that financial management in-home care will become more challenging due to the proposed changes in funding arrangements.

🔥 Overview

We want to help you not only survive but thrive.  This training workshop outlines to providers how they can ensure they are financially competitive and sustainable in an environment of changed funding arrangements and increased competition.

 LPA works closely with the leading financial firm StewartBrown and David Sinclair, Partner, Aged Care Consulting and Internal Audit will provide an overview of contemporary funding and pricing questions. You will have opportunities to ask questions and have a conversation with David and the LPA team. This course has been revised and updated for 2024 to reflect contemporary practice, examples, and information.

🚩 Learning Outcomes

By the end of this very interactive training session you will learn:

  • Understand the current policy framework and funding arrangements and what it means for providers.
  • Suggestions for improving service options and preparing for changes in the home care model.
  • Identifying the right pricing strategy.
  • Determining a break-even point and price sensitivity analysis.
  • Apply pricing comparison across package levels and care management levels.
  • Determine appropriate costing methods for different cost categories such as direct, indirect, fixed and variable.
  • Develop a unit cost model that includes attribution and allocation of costs.
  • Communication with consumers regarding finances.

🎖️ Recognition

A Statement of Attendance will be provided to participants as evidence of Continuing Professional Development hours upon completion of a post-training survey.

💡 Who will benefit most from this course?

This training is suitable for managers, CEOs, COOs, members of the governing body, and finance and accounting staff. It is also very useful for quality officers and case managers/coordinators.

💡 Benefits to providers and consumers

It will assist providers to ensure their service is financially viable and sustainable in the longer term. It will also support meeting the Aged Care Quality Standards and the funding guidelines. Consumers will benefit through improved communication and packaging of care and services.

📅 Date:

  • 23 May 2024

📅 Times:

  • 1.00 pm – 4.00 pm: NSW, VIC, QLD, TAS, and ACT
  • 12.30 pm – 3.30 pm: SA and NT
  • 11.00 am – 2.00 pm: WA

💼 Inclusions

  • Downloadable workbook
  • Downloadable tools and resources

💻 Learner requirements

  • Computer or mobile device
  • A stable internet connection (broadband/4G+ recommended)
  • Speakers and a microphone are optional

When it comes to online training, we know that staring into the “virtual classroom” can sometimes miss those moments that face-to-face events deliver. So, we are mixing things up. In a time of transformation in the sector, we want to make sure now, more than ever, that you are being supported. We will be focusing even more on interactive, immersive training sessions (think break-out rooms, cameras on (yes scary), opportunities to network, and of course maintaining the LPA way of tangible tools and resources).

💰 Investment: $ 435 inc. GST

$435 inc. GST

$435 inc. GST