GPs to be incentivised to work in aged care
GPs will receive double the yearly payment to treat aged care residents as part of a government move to improve the health of older Australians.
GPs will be incentivised to make more visits to people living in residential aged care as part of a $42.8 million investment which was announced as part of the budget. It will come into force from July 1.
“This funding boost provides an additional 120,000 GP services to senior Australians living in aged care facilities,” Health and aged care Minister Greg Hunt said over the weekend.
“It is part of our $17.7 billion response to the Aged Care Royal Commission. We recognise the importance of improving health care for people in residential aged care and this is essential in ensuring senior Australians are treated with respect, care and dignity.”
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This story features Respiri Ltd Fully Paid Ord. Shrs, and other companies. For more info SHARE ANALYSIS: RSH
Last year s pandemic put the focus firmly on telehealth services providers, but share prices have deflated since as investors started asking questions, and on the general realisation telehealth has its limits too.
-Covid-19 triggered a rush into telehealth services and service providers in 2020
-Share market enthusiasm triggered a number of fresh telehealth IPOs
-Large cap companies ResMed and Cochlear among key beneficiaries
By Nikhil Gangaram
Nearly three decades ago, it took approximately 13 years to sequence the human genome. Today, the latest technology can have it done in just under an hour. The mind boggles to think how far and fast modern medicine has progressed and what it will look like in the future.