‘Get your money now’: consultants encourage aged care providers to exploit the system

Mirus Australia tells providers to consider which residents generate ‘higher profit margins’

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Consultants have advised aged care providers to exploit the system by considering which residents generate “higher profit margins” and urged them to “get your money now” before new regulations are introduced.

Mirus Australia, which provides advice to around one-quarter of the aged care industry and manages around $5bn in revenue for clients, has quantified which older Australians are the most commercially valuable.

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