For the first time, home care providers are subject to formal Financial and Prudential Standards under the Aged Care Act 2024. This is a significant uplift in expectations around financial oversight and accountability.
This article explores the Board’s oversight of the Financial and Prudential Framework.
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The new Aged Care Act 2024 is the most significant change yet to provider and leadership accountability in aged care. The Act introduces strengthened suitability matter requirements for both registered providers and responsible...
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