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Veridia Research Paper: Every Minute Counts

Veridia research on Laptop screen
As the pandemic still disrupts the aged care industry, providers now face challenges from the AN-ACC model.

As the pandemic still disrupts the aged care industry, providers now face challenges from the AN-ACC model – care minute mandates linked to funding, pending star ratings and increasing regulation.

To gain insights into the effect of current changes in the Australian aged care industry, we embarked on a series of interviews with procurement leaders across a range of facilities.

These conversations provided direct insights from executives and senior management, highlighting time as the most valuable resource in the industry.

As a result, we’ve developed a research paper to share the insights that were uncovered through the study, focusing on these key areas:

·        Top issues for aged care procurement teams

·        Which staff perform routine replenishment tasks

·        Time spent on purchasing tasks

·        Possible ideas to increase procurement value

·        Ideal solutions for their procurement issues

Aged care needs a clear line of sight into time use, to transfer staff time spent on non-care activities into more profitable care minutes. We found that 81% of interviewees believed clinical staff were spending time on purchasing activities rather than caring for residents.

Find out more by downloading our research paper.

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