Aged Care Homes Providers

Aged Care Homes Providers

Simplifying Finance Operations for Care Homes
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    Care Homes Types We Support

    Each care home type operates with its own level of complexity and regulatory focus. Our back-office support is aligned to meet these diverse care environments.

    Primary Care

    Residential Care Homes

    Nursing Homes

    Dementia Care Homes

    Nursing Dementia Care Homes

    Specialist Care

    Respite Care Homes

    End-of-Life / Palliative Care Homes

    Convalescent Care

    Home-based Care

    Domiciliary Care

    Live-in Care

    Supported Living / Assisted Living

    Extra Care Housing / Retirement Villages

    Services for Care Home Businesses

    These services ensure robust financial tracking, compliance, and operational visibility.

     

    • Accounts Payable & Receivable Management
    • Bank Posting & Reconciliation
    • Payroll Processing & Staff Entitlements Accounting
    • Revenue Recognition (Resident Fees & Government Subsidies)
    • Fixed Asset Register Maintenance & Depreciation
    • Job-Level or Unit-Based Cost Accounting
    • Monthly P&L and Balance Sheet Preparation
    • Cash Flow Forecasting & Management
    • Accruals & Prepayments Accounting
    • Budgeting & Variance Analysis

    Ensures alignment with government bodies (like Medicare/NDIS) and care quality standards.

     

    • Medicare & Government Funding Reconciliation
    • NDIS/ACFI/AN-ACC Claim Reconciliation
    • Resident Trust Account Management
    • Audit Preparation & Financial Reporting Compliance
    • GST & BAS Reporting (Australia-specific)
    • Fringe Benefits Tax (FBT) Support
    • Statutory Reporting to Aged Care Quality and Safety Commission
    • Grant Management & Compliance Tracking

    Focused on day-to-day care economics and personalised financial tracking.

     

    • Resident Billing & Fee Invoicing (RAD, DAP, Extra Services)
    • Refundable Accommodation Deposit (RAD) Accounting & Reconciliation
    • Daily Accommodation Payment (DAP) Management
    • Resident Income Means Testing & Financial Assessment Support
    • Damage Charges & Room Maintenance Billing
    • Room-Level Profitability Tracking
    • Catering, Cleaning & Medical Cost Allocation by Wing or Unit

    How it works

    The global aged care market is expected to grow at a CAGR of 7.3%, reaching around US$ 3.93 billion by 2030, (Source: Maximize market research) due to an ageing population and increasing healthcare demands.

    Aged care providers often face financial challenges from delayed reimbursements and operational costs. Invoice financing offers a solution by allowing care homes to convert unpaid invoices into immediate working capital, ensuring timely payroll and continuity of services. Additionally, revenue-based financing is becoming popular for expanding facilities and upgrading infrastructure, while digital financial solutions are improving access to flexible funding tailored to aged care needs.

    IMS Decimal acts as an extension of your care home’s financial team, handling critical back-office functions with precision and efficiency. Our services ensure accurate financial reporting, streamlined payroll processing, optimised cash flow management, and full regulatory compliance.

    How IMS Decimal supports care homes providers

    Ensuring financial strategies align with government regulations and industry standards.

    Reducing the financial burden through eliminating cash flow gaps with invoice financing and flexible repayment options.

    Providing expert consultation to optimise financial management, and improve profitability in aged care financial operations.

    Avoiding financial strain by securing funding to cover daily operational costs, staff salaries, and medical supplies.

    Aged care providers

    Our services in a print-friendly PDF

    Why IMS Decimal?

    Robust Processes

    Robust Processes

    Quick Turnaround Time

    Quick Turnaround Time

    Scalability

    Scalability

    Cost Efficiency

    Cost Efficiency

    Why IMS Decimal?

    99%

    CQC Clearance Audit Rate

    60%

    Occupancy Rate Achieved

    99.7%

    Transaction Accuracy

    Operational Process Efficiency Increased

    94%

    Net Promoter Score (NPS) Achieved

    45%

    Reduction in Finance and Operations Cost

    18%

    Improvement in Bed Occupancy Rate

    5–7

    Days Month-end Close Time

    98%

    LA Fee Uplift Capture Rate

    Software deck 

    FAQs

    CTA

    See how leading aged care homes transformed their financial operations with our outsourcing services.