HOME101

Understanding and Developing Home Care Budgets

Do you want a better understanding of the key drivers of profitability in the home care sector?

Seminar Overview

This program has been designed to enhance the financial skills and acumen of staff involved in the home care budget process and combines practical financial management with the key elements of running a home community care business.

 

With a focus on the CDC financial model and the financial impacts of deregulation, HOME101 empowers managers to take control of their budget and drive profitability.

Course Outline

  • Understanding the home care business model

  • Key influencing factors of the home care business model

  • The revenue cycle and establishing program parameters including occupancy targets

  • The importance of a care plan and the impact on the Consumer Directed Care (CDC) budget

  • Impact of consumer directed care decisions on the business model

  • Understanding individualised program costings including administration fees and care management fees

  • Understanding staff costs and oncosts

  • Rostering principles

  • Setting administration costs and what are included in package management fees

  • Developing individualised program budgets and regularly maintaining communication with clients

  • Understanding income tested fees and their impact on the budget

  • Strategies to expand the home care business including pros and cons of providing incentives and discounts

  • Managing third party contractors and WHS in the home care operating environment

  • Pros and cons of waiving basic daily fees

  • Managing consumer expectations and assisting them to understand and manage their budget

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Seminar Cost

$249 + GST per participant

Webinar

Seminar

$299 + GST per participant

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

This program will also provide a valuable insight into the home care business model for Board Members, Executive Team members, Internal and External Auditors.

Suggested Participants

2021 Dates

Wednesday, 14 April 1pm – 4pm AEST
Thursday, 17 June 1pm – 4pm AEST
Wednesday, 18 August 1pm – 4pm AEST

Tuesday, 28 September 6pm - 9pm AEST
Thursday, 4 November 1pm – 4pm AEDT

Program Testimonial

"The session gave plenty of opportunity for real life problem solving. Highlights the potential dangers in dropping the ball or lax in any area."  - Cheryl, Mitchelton QLD

Want to improve the profitability of your home care business?

Book an in-house session?

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.

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