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New funding model for residential aged care this October

In October 2022, a new funding model (AN-ACC) will be replacing the current funding model for residential aged care (ACFI). The AN-ACC assessment tool has been purpose-designed to capture those resident characteristics that best predict the costs of care to meet resident needs more accurately that the current ACFI model.

The department of Health and Aged Care has released the AN-ACC funding and care minutes estimator to give providers an estimate on potential funding and care minutes targets for residential aged care facilities. The estimator can be accessed here: https://www.health.gov.au/resources/apps-and-tools/an-acc-funding-and-care-minutes-estimator/estimator