Financial data – Residential Aged Care
This page provides access to de-identified financial performance data sets as a service to the residential aged care industry to allow providers to compare their performance against other comparable providers.
The financial data is extracted from the general purpose financial reports (GPFR's) prepared by providers of residential aged care under the Aged Care Act 1997. This data is combined with non-financial data extracted from the administrative systems of the Department of Health to produce the de-identified data.
All dollar amounts are expressed as dollars per resident claim year. This is the actual dollar amount divided by the number of days that residents spend in care converted to a per year basis, i.e. the dollar per resident multiplied by 365 (or 366 in leap year).
De-Identified Data from the 2014-2015 General Purpose Financial Reports (GPFRs) and the eight previous years reports:
- 2013-2014 General Purpose Financial Reports (GPFRs)
- 2012-2013 General Purpose Financial Reports (GPFRs)
- 2011-2012 Residential Aged Care Provider Information
- 2011-2012 Residential Care Segment Information
- Previous Financial Years
- Definitions of Aged Care and Accounting Terms used in the de-identified data sets.
Residential Aged Care Provider Information and the Residential Care Segment Information are subject to these caveats:
- The financial data underlying these datasets is extracted from the general purpose financial reports (GPFRs) that were prepared by providers of residential aged care under the Aged Care Act 1997.
- The Aged Care Act 1997 requires that residential aged care providers prepare their GPFRs in accordance with all accounting standards, and that they include a residential aged care segment note. They also require that the GPFRs be audited by a registered company auditor. Nevertheless, the comprehensiveness of the financial information contained in GPFRs varies from provider to provider. In addition, the accounting standards are subject to interpretation and it is possible that interpretations may differ between providers and between auditors. In addition, the Department’s interpretation of the accounting data provided in the GPFRs has not been verified with the aged care providers.