Financial Sustainability in Aged Care

Strengthening core systems to ensure financial stability in aged care

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ABOUT THIS EVENT

Event Overview

The Financial Sustainability in Aged Care stream offers a strategic, future-focused view of financial viability in the aged care sector. This session explores a range of sustainable models: from diversified funding and cost optimisation to innovative technologies and operational efficiencies.

Leveraging data and digital tools to enhance financial decision-making
Building resilient operational models for long-term sustainability
Reducing financial waste through strategic management and planning
Implementing transformative innovations that reduce costs while protecting organisational identity

19 - 20 June 2025

ICC, Sydney

Top Speakers

Aged Care Financial Sustainability

Speakers Agenda Plenary

Akolade opening

Welcome to Country

Opening remark from the Chair

Keynote Address: Turning Aged Care Reforms into Strategic Growth Opportunities

Aligning organisational expectations with the New Aged Care Act to empower the workforce in achieving compliance excellence
Strengthening leadership capabilities to drive seamless organisational transformation and restructuring, enhance service delivery and sustain high-quality care

From Vision to Reality: Creating Capacity in the Aged Care Workforce

Creating capacity and achieving transformative process improvements and cost savings by integrating IQ’s Capacity Method
Unpacking how IQ Capacity Method overcomes the pitfalls of traditional Lean Management approaches
Exploring practical strategies in applying IQ approach to optimise processes, engage staff, and improve care delivery in aged care settings

Panel discussion: Lived experiences: A discussion of what person-led aged care could look like

Understanding the concept of a relational system of care and the essential components required to operationalise its processes
Implementing strategies to deeply understand client’s history and traumas and unpack their cultural, diverse needs
Investigating the barriers, gaps and opportunities within aged care operational systems in delivering person-led care

Moderator:

Panellists:

Partner thought leadership: Comprehensive risk reduction in Aged Care: Integrating physical and psychosocial screening with e-Learning solutions

Adopting a holistic approach to risk reduction by combining physical and psychosocial screening with innovative e-learning modules
Enhancing compliance and workforce resilience through effective risk identification and mitigation strategies aligned with psychosocial safety standards
Improving care outcomes by combining comprehensive assessments with targeted educational tools to create a safer, more supportive environment for all

Morning refreshment

Strengthening fundamental mechanisms to sustain financial sustainability

Chair:

Innovative strategies

Keynote address: Strengthening fundamental mechanisms to sustain financial sustainability

Discussing why financial sustainability is a consequence of a series of small steps and money is a follower not a leader
Highlighting why good financial results start with people, the right culture and Board composition to support growth or recovery
Focusing on data intelligence and examples of best practice covering data pathway
Learning from others and the important to give and not just take

Case study: Integrating unique operational process that fosters financial longevity

Aligning budgeting and planning processes with current reforms to drive sustainable growth and remain agile in constantly evolving sector
Identifying key risks facing the organization and exploring structured approaches to effectively manage and operationalise those risks
Clarifying the organisation’s strategic direction and reinforcing a key message or insight for the audience to take away

Networking luncheon

Case study: Driving Sustainable Growth: Harnessing data, strategy, and partnerships for excellence in aged care

Cultivating a culture of continuous improvement through data-driven insights and KPI measurements
Developing strategic sales and marketing approaches to enhance organizational reputation and strengthen client trust and engagement
Balancing data-driven decision-making across staff, clients, and business operations to optimise service delivery and operational efficiency
Expanding business growth through strategic partnerships by leveraging collaborative projects

Case study: Healthia: Building a sustainable financial model for small scale living in residential aged care

Integrating efficient staffing models to increase skill, care coordination, optimisation of rostering and reduce agency reliance
Designing home centered building models as a method of leveraging the funding reform opportunities via higher RADs
Building strategic partners with local health networks to improve care continuity and access additional funding streams

Fireside chat: Leveraging brokerage partnerships in home care to streamline operational processes, meet compliance and decrease financial waste

Reducing administrative burdens and meet compliance requirements by streamlining operation processes through brokerage process
Enhancing workforce accessibility, management and coordination to increase client engagement and reduce financial spending
Addressing common concerns of brokerage and strategise on effective methods to implementing in one’s own organisation

Moderator:

Panellist:

Afternoon refreshment

Roundtable discussion

Closing remarks from the Chair and end of day one

Networking cocktail reception

Networking dinner

End the first day of the Summit with a fine dining experience alongside your peers. With stunning architectures crafted with authentic materials, expertly curated art collections and interiors designed by world-class designers the Park Hyatt is where you can unlock unique and enriching moments.

Seats are limited and allocated on a first-come, first-served basis. Reserve your spot now to secure your place at this premier networking opportunity!

Registrations opens

Opening remarks from the Chair

Opening keynote: Contemporary insights of the Aged Care Nursing Workforce

Identifying the wants, expectations and movement of aged care nurses from evidence based data collection
Assessing nursing aged care careers in comparison to other nursing careers
Highlighting key mechanisms such as tertiary education and workplace culture has on the attracting and retaining the workforce

Fireside chat: Reimaging the aged care workforce to deliver coordinated and efficient care services

Addressing the importance of a clear vision to achieving high quality care delivery and long-term financial viability
Creating a teaching aged care facility with a multidisciplinary team approach
Building future of workforce for the Health System where older people and stakeholder’s benefit

Moderator:

Panellist:

Virtual international Case Study: Navigating policy, regulation and care issues in Canada to enable high quality care across the continuum for older Canadians

Examining Canada’s new National LTC Standards to enable safer, high quality, long term care for its rapidly ageing population.
Discussing Canada’s use of the InterRAI Assessment System to drive system improvements.
Understanding the National Institute on Ageing’s strategic approach towards enabling ageing-in-the-right-place.

Panel discussion: Assessing strengthening standards and its impact on the aged care sector

Articulating the point of difference of new standards and the intended direction it is taking
Assessing the value and relevance of the new standards from a clinical, cultural and compliance lens
Sharing foundational processes to practically implement strengthened Quality Standards
Discussing the benefits and challenges faced during the practical implementation of the standards

Moderator:

Panellists:

Morning refreshment

Strengthening fundamental mechanisms to sustain financial sustainability

Chair:

Innovative strategies

Case study: Developing a human centered digital transformation journey cost-effective and impacting

Demonstrating how digital innovation is a key enabler to efficiency, compliance and financially viable
Exploring key challenges and strategies to overcoming them

Case study: Leveraging technology to advancing financial sustainability

Recognising the value of technology in driving financial sustainability
Leveraging data for greater informed decision making and reporting
Elaborating the role of AI in simplifying and enhancing aged care financial modelling

Panel discussion: Considering key management processes to build resilient aged care model for financial viability

Leveraging innovation to navigate challenges and drive business growth in aged care
Building a resilient and supportive digital framework for financial viability
Developing leadership capabilities to empower teams and enhance productivity
Integrating strong governance frameworks to develop sustainable and future-proof financial systems

Moderator:

Panellists:

Networking luncheon

Fireside chat: Increasing value and attraction of smaller residential providers through non-dollar driven strategies

Moderator:

Panellist:

Case study: Strengthening organisational identity and financial sustainability with innovative cloud based analytics

Preserving organisational identity by adopting innovative cloud-based analytics system
Harnessing AI tools and capabilities aligning with organisational’s culture and structure to enhance data-driven decision making
Achieving KPIs with comprehensive and visual financial reporting to ensure long term viability

Afternoon refreshment

Case study: Leading Together: Inspiring a Shared Vision for People Centred Aged Care Reform

Taking a digital Leap to conquer IT Overhaul and harness technology in enhancing efficiency and care
Developing infrastructure that truly supports and accommodates resident’s well-being and future needs
Elevating care experience through Customer Journey Mapping
Unlocking innovation and buy-in through codesigning new models of care with staff and older people

Keynote address: Enhancing the Aged Care Experience of Older Australians through Global Learnings

Moving beyond institutional models to foster autonomy, dignity and daily participation through homelike settings.
Integrating allied health, recreational therapy and therapeutic staff, beyond the medical model to support holistic wellbeing.
Designing calming, sensory-rich environments with biophilic elements and community integration to support emotional and cognitive health.