Tool lets Aussies assess where funds go in aged care

Older Australians and their families now have access to vital information regarding how aged care services allocate resources, thanks to the introduction of the Dollars to Care measure.

This initiative, supported by the Albanese Government, aims to increase transparency and accountability within the aged care sector, empowering consumers to make well-informed decisions about their care.

“We recognise the majority of aged care providers are working to deliver high quality and safe care, but we have to shine a light on those who aren’t and take action,” Minister for Aged Care Anika Wells said.

The measure, a response to recommendations from the Final Report of the Royal Commission into Aged Care Quality and Safety, provides detailed insights into how taxpayer funds are utilised, including expenditures on care, food, wages and more. It serves as a critical tool for holding providers accountable for their spending practices.

“The publication of aged care providers’ finances and operations delivers on the Government’s election commitment to increase transparency and accountability around what aged care providers are spending money on,” Minister Wells said.

Data reveals that over half of aged care providers’ expenses are allocated to direct resident care, highlighting the sector’s commitment to prioritising the well-being of older Australians. The initiative complements existing transparency efforts, such as the Star Ratings system for residential aged care homes, further empowering consumers to assess service quality.

“We are committed to developing a fair and transparent aged care system for older people and their families and carers,” Minister Wells said.

To access the published provider information, individuals can utilise the “Find a Provider” tool on the My Aged Care Website, gaining valuable insights into how providers manage resources and deliver care.

In instances where providers fail to meet standards, appropriate actions will be taken, including referrals to regulatory bodies such as the Aged Care Quality and Safety Commission and the Fair Work Ombudsmen.

Ritchelle Drilon

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Ritchelle is a Content Producer for Healthcare Channel, Australia’s premier resource of information for healthcare.

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