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Home care finances unsustainable
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Australian Ageing Agenda
There has been a marked decline in financial performance for the home care sector, StewartBrown’s latest financial sector survey shows.
Care management revenue for the quarter also declined, by $6.00 per client per day to $9.98 per client per day.
Care management revenue for the same period also declined, dropping $3.23 per client per day from $15.49 at March 2025 to reach $12.25 per client per day.
The care management margin also dropped from $7.62 to $4.69 from March 2025 to March 2026.
Meanwhile care management costs declined slightly to $7.56 per client per day from $7.87.