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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Aged care is a growing industry in Australia. Always compliance-heavy, the aged care sector is under increasing pressure due to the microscope placed on it during the COVID-19 crisis and the recent Aged Care Royal Commission. Changes over the next few years are extremely likely, as governments and leading players in th.
InteliCare Holdings poised to take advantage of once-in-a-generation aged care Budget spend
The Federal Budget promised $6.5 billion for an additional 80,000 home care packages that can fully fund InteliCare technology. This is a pivotal time in Australia s aged/disability care evolution, says CEO.
InteliCare Holdings Ltd (ASX:ICR) is well-placed to benefit from the Federal Budget in which record spending was committed for the Aged Care sector off the back of the recent Aged Care Royal Commission.
Of the 148 recommendations by the Royal Commission, the Government has accepted (or accepted in principle) 126, many targeting the growth of assistive technology – such as InteliCare’s commercialised subscription-based Internet of Things (IoT) and Artificial Intelligence (AI) product for use in the aged care and health industries.
Politics by David Aidone, staff writers 11th May 2021 12:00 AM
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Subscriber only Treasurer Josh Frydenberg is set to hand down this year s budget from 7.30pm AEST, with billions of dollars expected to be spent on getting people back to work more than a year into the global pandemic. Those in aged care and working parents are tipped to be the big winners. From childcare subsidies to an infrastructure cash splash, here s what we already know is in it:
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