08 8338 6500
enquiry@acia.asn.au
November 25 @ 9:30 am – 1:30 pm
| AUDIENCE: |
This workshop is designed for residential admissions, finance and any other staff who need a practical working knowledge of the LLLB accommodation payment regime. |
| PRESENTER: | Andrew Harris from Andrew Harris Business Consulting |
| LOCATION: |
University of South Australia. The Mawson Centre – 2-8 Main Street, Mawson Lakes |
Accommodation Pricing and Publishing:
- What has to be published and where?
- Prescribed factors for determining room prices
- Rules for charging room prices greater than Level 2 maximum price
- Applying for room prices greater than Level 2 maximum price
New Means Testing for Residential Care Subsidy and Fees:
- What is it?
- How does it work?
- Potential effects on care subsidies and fees
- Annual & lifetime caps explained
- Worked example
Resident Co-Contributions-Means Tested Care Fees:
- Care subsidy co-contribution explained
- Accommodation supplement & co-contribution explained
- Worked example
Accessing the Higher Level of Accommodation Supplement:
- Significant refurbishment explained
- How to qualify
- Applying for the higher supplement
- Worked example
How to calculate RADs and DAPs, RACs and DACs:
- Threshold levels explained
- Rules for charging each level
- Converting a RAD to a DAP & a DAC to a RAC
- Worked scenarios
Some Potential Risks and Strategies:
- Impact of DAPs on cash flows
- Impact on profit & loss
- Impact on bad debts
- Impact on back office
* NOTE – PARTICIPANTS MUST BRING THEIR OWN CALCULATOR *
To register online, please click the Eventbrite link below (charges apply) or download the PDF document, and email to enquiry@acia.asn.au.