Survey Report out now

CorporateAdminSurvey

StewartBrown’s Corporate Administration Costs in the Aged Care Sector Survey finds:

  • Corporate administration costs continue to increase at a rate greater than the increase in revenue
  • There has been a particular increase in corporate administration staff costs
  • Organisations are on average spending 16.87% of their operating revenues on administration

Read the whole report.

The report has a lot of detailed analysis of administration costs in the aged care sector, and studies the different business characteristics that effect these costs in isolation. In particular we look at:

  • locations
  • net assets
  • revenue type
  • employee productivity
  • system use
  • Royal Commission-related spending

We must especially thank all those who took part with their data and insights this winter. So much was happening in the sector at the same time: the Royal Commission, the July reforms, and the reporting period for many organisations.

We had a response from aged care providers covering 492 residential care facilities with 39,085 operational places, 18,857 home care clients and 22,207 occupied independent living units.