Exploring One Accord for the Business of Aged Care Industry: The CEO's Perspective

Paul Johnston, Margee Hume

Abstract


Three million Australians are aged over 65 years with a third requiring some level of assistance with their everyday activities   Australian Government expenditure will need to increase from 0.8% of GDP in 2010 to 1.8% of GDP by 2050 as ABS projected growth of 65 years or over to increases from 15 per cent to 21 per cent by 2026 and 28 per cent by 2056 (AIHW 2012, ABS 2011).  With the aged care industry growing faster than any other industry research, benefit realization in leadership, efficiency and productivity will impact to a great extent across the industry.  Using a convenience sample, the purpose of this paper was to develop a better understanding of trends, issues, challenges and opinions of 24 Chief Executive Officers (CEO) and sector leaders in aged care toward government reforms and current aged care policy in Australia, in 2013.  The in-depth interviews advanced the topics of aged care work force, work conditions, attractiveness of the industry to investment, funding models, government relationships, research data management and the future. The paper culminates in a research and practice agenda for the future and accentuates the areas that our sector leaders believe need focus.


Keywords


Aged Care; Living, Longer, Living Better (LLLB) Reforms; Accreditation; Health Informatics; Community Directed Care (CDC)

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