Summit Workshops 

Duration: 2 hours

Workshop Overview:
This workshop will equip aged care providers with the tools and strategies needed to effectively budget for upcoming reforms and prepare for the integration of the Single Assessment System (SAS).

Participants will gain practical insights into how to adapt their financial strategies to accommodate the new system, including adjusting funding models, streamlining care assessments, and ensuring sustainability under the Support at Home Program.

Workshop Structure:
 Introduction and Overview (15 minutes)
•    Overview of the Single Assessment System (SAS) and its impact on aged care providers.
•    Discussion of the Support at Home Program and how it will affect funding, service delivery, and operations.

2. Financial Planning for Reform (30 minutes)

Topics:
o    Understanding new funding structures under the SAS
o    Preparing for changes in the assessment and payment systems
o    How to allocate resources effectively to ensure service continuity during the transition
o    Balancing care budgets with workforce and technology investments
o    Key cost-saving strategies and financial modelling

Activity: Interactive budgeting exercise where attendees create a financial plan for a sample aged care facility navigating the new system.

3. Adapting to the Single Assessment System (SAS) (30 minutes)

Topics:
o    The role of the SAS in funding allocation and service provision
o    How assessments will impact care delivery and funding eligibility
o    Integrating the SAS into financial planning and forecasting
o    Strategies to manage the flow of funding and improve cash flow management
 

Activity: Group discussion on best practices for aligning business models with the SAS framework, followed by a Q&A session.

4. Budgeting for Technology Integration (30 minutes)

Topics:
o    The financial impact of adopting assistive technology within aged care services
o    Budgeting for the Integrated Assessment Tool and other technological updates
o    ROI analysis for tech investments in the aged care sector

Activity: Case study analysis of a facility that successfully integrated new technology, followed by a group discussion on potential costs and savings.

5. Workshop Wrap-up and Action Planning (15 minutes)
•    Summary of key takeaways and actionable strategies
•    Participants will create a personalized action plan outlining their next steps in preparing for financial challenges associated with the SAS and the Support at Home program.
•    Closing Q&A: Open floor for any final questions or concerns from participants.

Key Outcomes:
•    Participants will leave with a solid understanding of how to budget for the Single Assessment System and the Support at Home Program.
•    Attendees will have hands-on experience creating financial plans and adapting their financial strategies to upcoming regulatory changes.
•    Actionable strategies for integrating technology into aged care service delivery while managing finances effectively.
•    A clear pathway for ensuring financial stability while transitioning to the new system, minimizing disruption to care services and staff.

Who should attend:
•    Aged Care Providers: CEOs, financial managers, and operational staff
•    Finance and Budgeting Professionals: Aged care accountants, CFOs, and financial planners
•    Operations Managers: Those responsible for budgeting and financial oversight
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Workshop Overview:
This focused, interactive workshop is designed to help aged care providers understand and navigate the compliance landscape in light of the New Aged Care Act and other key regulatory reforms.

Attendees will gain a comprehensive understanding of their legal obligations, including the integration of the Support at Home program and the Single Assessment System, and will learn practical strategies to ensure compliance while avoiding penalties.

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Workshop objectives : 

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• To identify the compliance obligations for aged care providers, including those related to the Support at Home program.

• To learn about the criminal penalties associated with non-compliance and how to mitigate these risks.

• To develop a proactive compliance plan for integrating new systems and maintaining ongoing compliance.

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Learning Outcomes:
By the end of this workshop, attendees will:

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• Have a clear understanding of the key compliance requirements of the New Aged Care Act, the Support at Home program, and the Single Assessment System.

• Be able to identify compliance risks within their organizations and implement proactive measures to mitigate them.

• Leave with a practical action plan for ensuring compliance and preparing for audits and inspections.

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Certificates of Attendances will be provided following completion of the above workshops. 

A full BIO of Speakers for these sessions will be listed on the website by 15th Feb 2025 

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