Whether it’s for the elderly or youth, there has never been a more challenging time to be a residential care provider, with significant pressures arising from market changes, government funding, demographic trends and the workforce.
Residential care facilities are under increasing scrutiny and constraints over much-needed funding. At the same time, many residential care providers are also facing rising operational costs and declining viability.
With a vast shortage of registered nurses and other skilled care workers, many aged care facilities will struggle to ensure that high quality care is delivered to all residents. Therefore, skills development and staff retention will be paramount
Increasing CHALLENGES FOR YOUNG PEOPLE
Our increasingly complex world has created newer and more complex challenges for young people, including increasing rates of autism, depression and other health challenges. At the same time, residential care providers are being asked to meet an increasing compliance burden and rapidly changing financial payment models, decreasing the resources they have available to meet the needs of an ever-evolving and more difficult client population.
Our population is aging. Over the next few decades, retirement care providers will be required to care for much larger numbers and as result, there will be increasing pressure to meet the demands of a diverse population, with more complex care needs and preferences than ever before.