The federal government’s latest round of aged care allocations will fund thousands of new bed places with close to $1 billion annually, driving significant growth and development across the health and ageing sector.
A total of 17,385 new aged care places (10,940 residential aged care places and 6,445 home care places) were allocated across Australia in the 2015 Aged Care Approvals Round (ACAR). These new places have an estimated annual recurrent funding value of over $910 million.
In addition, $67 million in capital grants has been allocated nationwide to help aged care providers to establish new services or upgrade existing facilities.
Information about the 2015 ACAR, including background, Questions and Answers, and the Essential Guide is available on the 2015 Aged Care Approvals Round page.
MacroPlan have mapped the allocations as shown below.