RSM Australia

Sector insights

The balance between supply and demand for residential places

8 July 2016
The release of the ACAR for 2015 and recent research undertaken by RSM for our Aged Care Sustainability Review 2016 provides an opportunity to consider how the supply management regime is working in residential aged care.

Timing really is everything

7 April 2016
Back in January this year I wrote about the keen price being paid for pharmacy businesses. A few months down the track and I have to say that the market continues to be strong. In that last article I stressed the importance of getting the debt and equity mix right and ensuring that cashflow was sufficient to enable all commitments to be met.

Exclusive interview with Retail Pharmacy magazine

30 March 2016
National Director of pharmacy services at RSM and long-time pharmacy business adviser, Peter Saccasan, speaks to Retail Pharmacy about cashflow, telling owners the real story about their pharmacy business performance.

RSM aged care services update - March 2016

21 March 2016
If you hold a senior position in an approved provider then you will have already felt the winds of change that we anticipate will blow for many years to come as the sector moves inexorably from a welfare entitlement base to a user pays supported by government safety net. This update contains our thoughts and insights on a number of key areas that are being impacted

Your pharmacy cashflow: a great story, or are you dreaming?

18 March 2016
‘The king is dead! Long live the king!’, as they say when the monarchy passes on. In the case of pharmacy, the old king (turnover or sales or the PBS cheque) has long passed its use-by date as a key indicator of the business. It’s what you get out of the sale and what you do with it that counts. You can start with GP$, manage your costs and keep an eye on stock. Fr

Jack of all trades, master of…?

18 March 2016
For many years the pharmacy industry has been doing battle with primarily the grocers who have been eyeing off the foot traffic that travels in and out of pharmacy and trying to divert that into their stores.

Proposed Amendments to Farm Management Deposit Scheme Fall Short

15 March 2016
The Australian Government proposes to introduce legislation into parliament in August 2016 to change Farm Management Deposits (FMD) to:

Is it better to be a specialist or a generalist in aged care?

29 February 2016
Recently I presented at the strategic planning session of the board of a mid-tier residential aged care provider. This group also has a minor position in home care and a reasonable footprint in ILU’s.

Background to capital grants for residential aged care providers

12 February 2016
We have analysed the capital grants approved by the government through the 2013, 2014 and 2015 ACARs. The following analysis is provided to assist those providers who are considering making an application for a capital grant in the 2016 ACAR.

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