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Shannon Ruddock’s 81-year-old father’s last weeks of life were spent in such pain in a Sydney aged care facility that he begged to be thrown under a bus.
Her father, Vincent Paranthoiene, was shuffled between a Sydney hospital and an aged care facility whose staff were ill-equipped to treat his pain before he died in late 2017. That made Ms Ruddock determined to campaign for aged care residents to have a “good death”, and for dignity at the end of their lives.
The Aged Care Royal Commission’s final report calls on the government to recognise that palliative care and end-of-life care, like dementia care, is a “core business” for aged-care providers.
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ASX aged care shares in focus after final results of Royal Commission released
Marc Sidarous | March 1, 2021 5:35pm |
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Regis Healthcare Ltd(ASX: REG) share prices are mixed today after the Australian government’s Royal Commission into Aged Care Quality and Safety delivered its final report.
Estia shares closed 7 cents lower to finish a $2.07. Japara closed the day 4.77% higher to finish at 81 cents per share. Regis shares closed 0.25% higher to end the day at $1.98.
All 3 ASX shares experienced a fall in the half-hour before closing – while the Prime Minister was speaking on the report.
Key points and recommendations
The
Aged Care Act 1997 should be repealed and replaced with a new Act to come into force by no later than 1 July 2023.
Morrison has framed his government’s plan for the system as recalibrating it to place older Australians at the “centre” of the care being provided, with the government now considering which approach to mending the sector it will adopt in the lead-up to the 11 May federal budget.
Here are some of the key recommendations:
Funding
Central to the recommendations is the overhaul of the 1997 Aged Care Act, which the commission found had been motivated by government attempts to make budget savings.
The commission has recommended significant changes to the fees and personal contributions required from older Australians, including what it describes as a “simpler and fairer approach” to means testing.