Financial Reporting and Benchmarking in Support at Home (Home Care)

The StewartBrown Aged Care Financial Performance Survey (ACFPS) incorporates detailed financial and supporting data from over 90,000+ Home Care packages across Australia.

The quarterly survey is the largest benchmark within the aged care sector and gives invaluable insights into the trends and drivers of financial performance at the sector level and by Integrating benchmarking into your organisation will result in valuable data that encourages discussion and sparks new ideas and practices.

On this home care focussed financial benchmarking webinar delivered by the Aged Care Consulting and Internal Audit team at the StewartBrown we will explore:

• Benchmarking ‐ the theory
• Obtain an overview of industry trends
• Differentiating factors affecting financial performance in home care
• Analysing and using the data benchmark information in practice   
• Ability to analyse benchmark information
• Identify opportunities for improvement
• The reforms – possible outcomes and effects on financial performance, viability and sustainability

Why benchmark your services?

Integrating benchmarking into your organisation delivers valuable data that encourages discussion and sparks new ideas and practices. However, the approach to benchmarking can be just as important as the data. Utilising the StewartBrown Aged Care Financial Performance Survey provides a number of direct benefits:

• The organisations and its services are analysed
• The organisation or sections of organisations are compared
• Best practices are able to be defined and shared
• Performance deficits are identified
• Alternative solutions are able to be evaluated and shared