The Australian aged care sector is entering a period of significant regulatory change. Increasingly, providers are being expected to demonstrate not only compliance with standards, but effective governance, oversight, risk management and continuous improvement. Regulatory scrutiny is becoming more intelligence-led, with greater focus on organisational culture, leadership, consumer outcomes and evidence of sustained improvement. Having…
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Governance: The Strongest Defence Against Regulatory Risk
In today’s aged care environment, governance has never been more important. As the sector moves towards a more risk-based regulatory model, providers are increasingly expected to demonstrate not only compliance with standards, but also effective oversight, accountability and continuous improvement. Boards and executives play a critical role in ensuring organisations can identify risks early, respond…
