Australia’s aged care peak bodies have issued an urgent plea to the government for “urgent funding” to avoid a crisis in the aged care sector, HelloCare reports.
According to a survey conducted by the peak bodies, around 15 per cent of aged care providers say they may need to close their doors within the next 12 months.
According to the latest StewartBrown report, 53 per cent of aged facilities are operating at a loss.
And analysis by Leading Age Services Australia (LASA) last month suggests almost 200 residential aged care services, providing care for up to 50,000 people, are at “unacceptably high levels of financial distress”.
The peak bodies banded together are Aged and Community Services Australia (ACSA), Anglicare Australia, Baptist Care Australia, Catholic Health Australia, Leading Age Services Australia (LASA), The Aged Care Guild and UnitingCare Australia.
The group is urging the government to address the risks facing the aged care sector in the Mid-Year Economic and Fiscal Outlook (MYEFO).
The government’s recent announcement of $500 million for aged care addresses “only the tip of the iceberg” and is “insufficient to support senior Australians today,” the group said in a statement.
“We are working and standing together to ensure every older Australian in need receives the highest quality of care, without failure.
“The fact is, without further investment, residential facilities – and associated home and community care services – will be lost in the next twelve months,” they said.