At the NDS CEO’s virtual meeting in December, the NDS launched their State of the Disability Sector 2020 Report. The report includes findings from the eighth wave of the NDS’s Annual Market Survey. The University of New South Wales analysed the Survey results in partnership with NDS.
Read MoreNDIS providers who choose to access the Temporary Transformation Payment (TTP) must take part in market Benchmarking. One of the options is for them to complete the TTP Benchmarking survey. The survey collects information on staffing numbers, costs and profits of support providers in the NDIS.
Read MoreThe latest NDIS Quarterly Report to the COAG Disability Reform Council has been released. We have pulled out some insights from the report which we found valuable.
Read MoreThe NDIS Quality and Safeguards Commission Annual Report 2018-2019 has been released.[1] The report informs stakeholders about the NDIS Commission’s operations. It provides corporate information and documents performance.
Read MoreThe Royal Commission into Violence, Abuse, Neglect and Exploitation of People with Disability was established on 4 April 2019. The Commonwealth Government has committed $527.9m for the inquiry. The Royal Commission will be based in Brisbane, however, hearings will take place around Australia. The Commission began on 16 September, where the domains of inquiry were announced.
Read MoreThe Centre for Social Impact report on the NDIS market has sent shock waves through the sector. Alarmingly 28% of providers are operating at a loss according to Assoc Prof Gemma Carey, UNSW.
ABS statistics state 52% of organisations are operating at a loss or not making a meaningful profit.
Read MoreThe growth and adoption of the NDIS by service providers and participants has once again increased. As at 30 June 2018, there were 183,965 Australians being supported by the NDIS, representing a 13 per cent growth on previous quarter. Of the 54,802 participants or almost 1 in 3, are new to the scheme and had not previously received State/Territory or Commonwealth support before the NDIS.
Read MoreCompetition in the NDIS marketplace for goods and services is generating some fresh realities for providers. A good working knowledge of Federal and State consumer law is now essential.
Sole traders competing to woo participants, carers and plan managers, need to stay within the parameters of laws protecting consumers from unfair trading practices.
Read MoreHuman rights underpin the NDIS legislation and are the foundation on which the shift to the self-directed, person-centred approach is grounded. In the past disability care has had an uneven power base. Now it’s the participant who has the power. Disability support providers need to work with the needs of the participant in this new person-centred and customer-centric ethos of the National Disability Insurance Scheme.
Read MoreThe future and present employment prospects of thousands of Australians are being transformed by the NDIS, figures show. Disability care is taking the crown that once adorned the mining boom.
Even with the NDIS fully rolled out in only two states (NSW and South Australia), more than 14,271 service providers are now approved to deliver disability supports. This is an increase of 64% since 30 June 2017.
Read MoreAccording to the National Disability Insurance Agency there is expected to be huge growth in the number of NDIS service providers and only the most effective and efficient will be viable. Today there are over 100,000 people with Disabilities on the NDIS and predictions are for over 400,000. There are currently 11,000+ service providers now and the expectation is that there will be a quadrupling of the number of providers, employing some 70,000 staff. Using the same growth factor, massive change is coming.
Read MoreWith the release of the McKinsey ‘Independent Pricing Review’ recommendations recently there is now need for even more clarity over pricing and claims. McKinsey & Company stated in their Report that the "recommendations will have a positive impact on provider economics, improving overall industry margins by 2% to 4%, with even higher margin improvements for providers serving participants with complex needs or in rural, remote and very remote areas".
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