Call W&L now on (08) 8331 3000, or call Shannon on 0413 399 406

Call W&L now on (08) 8331 3000, or call Shannon on 0413 399 406

Call W&L now on (08) 8331 3000, or call Shannon on 0413 399 406

A Brief Background to Understand ACFI

Over the last couple of years, there has been an

increasing number of people who are becoming

more focused and driven in achieving their

personal goals that they most of the time tend

to have very little time for the aging members

of the family. As a result, business oriented

individuals have come up with a solution in

order to cater the needs of the senior members

of the human population by establishing homes

and facilities that are going to focus on their

overall well-being. Nowadays, health care

establishments that center in catering the

growing needs of the elderly have turned to be

very competitive in the world of

entrepreneurship. In order to keeps the

business going, owners and managers of these

institutions have to see to it that they have a

steady source of income so as to sustain the

running of the organization. The task of

searching for funds used to be a tough one; but

with the introduction of the Aged Care Funding

Instrument, or ACFI, looking for monetary

resources have becomes a whole lot easier.

ACFI is probably considered by many as one of

the best things that ever happened since it

basically gives monetary support to different

institutions that focus on the health and well-

being of the country’s elder men and women.

Ever since the government has launched this

type of funding program, homes and facilities

for the senior members of the human

population are no longer limited to funds and

donations given by private sectors and

individuals. Right now, these health care

establishments and amenities do not have to

worry about being low in the budget since there

is an assurance that the government has a

budget allotted for the continuous running of

the institutions.

But prior to being able to avail this type of

funding from the country’s administration,

these homes for the aging member of the

society should first see to it that they could pass

the standards that the government is requiring.

In order to make it easier to determine whether

a certain home for the elderly is within the

standards of the program, the Aged Care

Funding Instrument was designed to relocate

subsidy allocated by the government to the

more important needs of the senior citizens

who are residing in aged care facilities.

If you wish to learn more about how this tool

really works, you can always go online and

search for ACFI user guide in the internet. Being

more knowledgeable about this government

program is going to be advantageous since you

are going to be aware on the administration’s

project that is being subsidized by your taxes.

Call W&L now on (08) 8331 3000, or call Shannon on 0413 399 406

ACFI User Guide Understanding the Process

ACFI, otherwise known as Aged Care Funding

Instrument, is a helpful tool developed and

approved by government agencies to evaluate

the level of monetary compensation and

assistance to be allocated to different elderly

citizens living in subsidized caring facilities. The

whole purpose of creating this approach is to

develop a systematic way of competently

assessing and meeting the requirements of

senior citizens. This article is an ACFI user guide

that helps you understand the process involved

behind the tool.

What are the reasons that brought about the

formulation the instrument?

1. Persons who belong to the older age bracket

comprise the majority of the inhabitants of

developed areas around the world. As people

grow older, their bodily functions gradually

decline. This decline brings about the demand

for an increase in assistance and support.

2. A lot of subsidized housing facilities exist

because plenty of senior residents live alone.

Most of their children and grandchildren are

also too busy with their own careers to have

enough time to tend to their caring

requirements. Putting them in a facility is the

best way to give them the attention they

deserve.

3. Every year, the government spends a lot of

money to hire medical professionals to regularly

visit aged homes and assess the seniors who are

living there in order to find out how much funds

would they require.

4. The assessment process involved used to

have no particular format and structure. It takes

the staff a lot of time and effort to complete. It

also causes a lot of problems because the

reports are varied depending on who created

them.

5. The ACFI is developed as a standardized way

of allowing the professionals to objectively

check the clients and categorize them into

predetermined funding categories in a more

convenient method.

What does the tool look like?

1. There are twelve questions that give

professionals an idea of the elderly’s caring

requirements.

2. The information gathered is needed in order

to categorize the residents as having high,

medium, or low health care needs in each of

the three major domains, namely, activities of

daily living, behavior, and complex health care.

The funding model makes use of the scores

from these domains to allocate subsidies to the

residential aged caring facilities.

3. Data regarding possible medical diagnosis of

behavioral disorders, mental ailments, and

other conditions are also noted.

It is the government’s responsibility to look

after all residents of the state. The ACFI is one

of the best ways of serving the elderly citizens

of the country. It objectively tells the degree of

financial support needed in order to serve their

health concerns.

Call W&L now on (08) 8331 3000, or call Shannon on 0413 399 406

Aged Care Funding Instrument - What Every Nursing Home Needs

Not everyone is blessed to live way past their

sixties without having to worry about bodily

ailments that are brought about by old age. In

addition to this, there are a decreasing number

of elderly people who are very much lucky to

have younger members of the family to look

after their physical and medical needs. In order

to answer the special care and assistance that is

needed by the older members of the society,

the health care sector have come started

putting up homes for the aged in order for the

senior citizens to have a place where their

needs are well taken care of. On the other

hand, these care giving institutions would most

of the time depend on the funds and donations

from willing groups and individuals in order to

keep the facility running? As a way to answer

this monetary dilemma of many nursing homes,

the government has come up with a program

called Aged Care Funding Instrument or ACFI.

Ever since its introduction in 2008, this

administrative program has did several

noticeable changes in the health sector that

focuses on the caring of the elderly. Probably

one of the most evident things that the Aged

Care Funding Instrument has done is that there

has been a visible increase in the funds in

comparison to the previous years. The reason

behind here is that this funding tool, which is

devised by the government, is utilized to

determine the level of payments a particular

certain home needs. As a result, the

administration of country is able to prioritize

which home for the aged is going to need

subsidy the most.

On the other hand, health institutions that

center in taking good care of the older

members of the society should first undergo an

assessment prior to availing financial support

from the government. The ACFI has three basic

domains of funding. These include the day-to-

day activities of the house’s residents, their

cognition as well as their behavioral skills, and

their complex health care. These categories are

being assessed by a series of questions. The

results are then given the rating of either A, B,

C, or D, which is the basis of the financial

support scheme.

Without a doubt, this funding tool for homes

for the aged is very efficient. Health care

institutions that are going to benefit from this

program offered by the government should at

least have an ample amount of knowledge with

regard to this it. To be more knowledgeable of

this topic, managers and supervisors of these

aged care facilities can look for ACFI user guide

in the internet.