ACFI validation downgrade rates are increasing… and this is even before the stronger compliance regime that the Minister for Aged Care announced has even been implemented.
The changes – including closer scrutiny of claims and stronger auditing – aim to clawback $60m over the next four years.
We don’t over-claim, so we should be okay? Right?
Well, these measures are in response to the increasing number of ACFI claims that were audited and were deemed to be “incorrect or false”.
Our position is that national downgrade rate (currently as high as 18% and 24% in some states) is not because of fraudulent activity, but largely because of… click here to read more