In my latest column for Business News, I make the case for increasing government support for those aged care providers seeking to solidify good governance.
Following the findings of the Aged Care Royal Commission it was clear that abuse and neglect by service providers of elderly people they looked after were most prevalent in organisations without proper governance. No doubt we will see similar findings coming out of the Disability Royal Commission.
In response to Aged Care Royal Commission findings, the federal government has introduced legislation to address governance arrangements for aged care providers.
Generally, the thrust is to increase the sophistication of aged care provider boards (for profit or otherwise) by improving leadership and culture, improving transparency and accountability and orientating them towards a consumer focus (not financial performance).
All worthy objectives, but providers are now left to mull over how this will be achieved. They are faced with some big questions. Questions disability services providers will need to face in due course as well.
You can read more on this issue in link below. Just head to page 55. (Please note that this is behind a paywall and requires a Business News subscription to read in full).