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RESI101

Resident & Accommodation Payment Fundamentals

Managing Accommodation Payments in Residential Aged Care is complex. We simplify it.

Webinar

$299+GST

Face to Face Seminar

$379+GST

Seminar Overview

Understanding how the accommodation payments are charged can be even more difficult. The RESI101 program simplifies the complexities of accommodation payment rules and provides the fundamentals to ensure the prudential compliance requirements are adhered to when managing accommodation payments.

The program also discusses key best practice initiatives to ensure your organisation is compliant on an ongoing basis when administering accommodation payments. RESI101 is imperative for finance and management staff who are new to the sector and a great refresher to those who have been in the sector for some time.

Course Outline

  • How to determine if a resident is supported, assisted or non-supported and what tools are available. What advice should be given to residents.

  • What is the means tested amount (MTA) and how is it calculated. What does the MTA determine. How does the MTA impact means tested care fees and accommodation payments.

  • Setting accommodation pricing and analysing competitor pricing.

  • What fees are associated with entering an aged care facility and how are they charged.

  • What is the means tested care fee and how is it calculated. Defining how annual and lifetime caps impact means tested care fees and related charges.

  • The difference between a RAD, DAP, RAC and DAC.

  • Understanding accommodation supplements and means tested accommodation supplements.

  • What should you be reconciling on the monthly Medicare Payment statement.

  • Billing respite residents and associated fees.

  • What is the difference between extra service fees and additional service charges.

  • Real life examples of combination RAD/DAP payments and the calculation of them including drawdowns.

  • What happens when a resident's DAC changes

  • Refunding a RAD to a resident facing hardship

  • RAD refund preparation

  • Using the MPIR and BIR

  • Accommodation Bond Overview

Suggested Participants

This program has been developed to enhance the skills of Facility and Care Managers, Admissions and Placement Officers, Finance and Administration Staff, Area Managers and Regional Managers.

This program will also provide a valuable insight into the aged care revenue streams for Board Members, Executive Team members, Internal and External Auditors and Financial Planners.

Upcoming Dates

2024 Webinar Scheduled Dates:


  • Thursday, 15 February - 1pm - 4pm AEDT

  • Thursday, 2 May - 1pm - 4pm AEST


2024 Face-to-Face Training:


NEWCASTLE


Date:  Tuesday, 9 April 2024

Time: 1pm - 4pm

Venue: Club Macquarie - 458 Lake Rd, Argenton NSW 2284

Included: Afternoon Tea, Training Material, Participation Certificate

Price: $379+GST per person


Special: Book for 5 or more participants and save $50 per person.


SYDNEY


Date: Tuesday, 4 June 2024

Time: 1pm - 4pm

Venue: TBC

Included: Afternoon Tea, Training Material, Participation Certificate

Price: $379+GST per person


Special: Book for 5 or more participants and save $50 per person.


MELBOURNE


Date: Tuesday, 13 August 2024

Time: 1pm - 4pm

Venue: TBC

Included: Afternoon Tea, Training Material, Participation Certificate

Price: $379+GST per person


Special: Book for 5 or more participants and save $50 per person.



Program Testimonial

"Presenter very knowledgable and confident, knew his stuff, answered questions well. Really enjoyed session thanks." - Tracey, Melbourne VIC

*Seminar Pricing relates to face-to-face seminars that CareCFO schedules in our training calendar. Please check individual entries in the training calendar to see if they are webinars or seminars.  Webinars are denoted with a green dot, seminars are denoted with a blue dot. 

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Want your whole team to attend this seminar? Contact us to enquire about an in-house training session. 

We come to you to deliver the training, we can even personalise the content to be specific to your oganisation.

Book an in-house session?

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