Maximising Financial Outcomes for Aged Care An-Acc Funding
500 +
Staff
$50M +
Turnover
0-500
Beds stats
About client
By leveraging advanced data tools and machine learning, Rockpool significantly improved their An-Acc funding, resulting in enhanced financial stability and higher quality care for residents.
Challenge
Rockpool faced the challenge of optimising their An-Acc funding to support their expansion while continuing to provide high-quality care. Although they had already developed extensive clinical datasets for reporting, they struggled to effectively utilise this data to improve financial outcomes, which was crucial for their continued growth and operational success.
Solution
To address this challenge, we partnered with their leadership team to implement a data-driven approach focused on enhancing financial outcomes through optimised An-Acc funding. Our solution included the following key steps:
Clinical Data Integration
We integrated Rockpool’s extensive clinical datasets into a unified system, ensuring that the data could be effectively used for both clinical reporting and financial optimisation.
Machine Learning Model
Leveraging Databricks, we developed and trained a machine learning model to analyse clinical data. This model was designed to identify patterns and opportunities that could lead to improved An-Acc funding outcomes.
Actionable Insights
The machine learning model provided Rockpool with actionable insights, enabling them to make informed decisions about resident care. These insights ensured that care was both effective and efficient, directly contributing to improved financial results.
Results
Financial Outcomes: 15% improved performance
The solution significantly improved Rockpool's financial performance by optimising the use of clinical data for both reporting and financial planning.
Funding Optimisation: 12% more financial support group wide
Rockpool leveraged clinical data to secure enhanced An-Acc funding, maximising financial support from available resources.
STABILITY: 30% more residents with Ann-Acc increases
This financial boost provided Rockpool with greater operational stability, ensuring a strong foundation for future growth.
Expansion & Care Quality: 30% boost in resident satisfaction
With improved financials, Rockpool continued expanding its operations while maintaining a high standard of care for residents.
Client Testimonial
The collaboration with Halo Labs to optimise An-Acc funding has been transformative. The integration of clinical data with advanced analytics has not only improved our financial stability but has also ensured that our residents receive the best possible care. We are thrilled with the outcomes and look forward to continuing this data-driven approach as we grow.
Ian Kelleher
COO at Rockpool Residential Aged Care
Services Provided
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