The StewartBrown December 2017 Aged Care Financial Performance Survey (ACFPS) incorporates detailed financial and supporting data from over 915 residential aged care facilities and over 21,400 home care packages (401 home care programs) across Australia.
The quarterly survey is the largest financial benchmark within the aged care sector and provides invaluable insight into the trends and drivers of financial performance at the sector level and at the facility or program level.
StewartBrown shows that 41% of residential aged care providers were making a loss in December 2017 and the situation is predicted to get worse.
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