Understanding the impact of the 8% NDIS commitment – where will providers feel the pinch?
Recently we heard about the national cabinets decision to reduce the cost increase of the NDIS from 14% to 8% by 2026. Curiously, last quarter non-SIL costs grew by 8.8% (annualised) – what about SIL?
It’s not easy being a big SIL provider
It’s been a tough year for major providers. Unfortunately, they’re on the wrong end of a confluence of impacts. This means that transformation efforts are complicated because, in most cases, nearly all business functions are impacted by the NDIS cost model.
How can a QSC compliance notice lead to growth?
n most markets, we expect government enforcement actions to present serious risks and challenges to businesses. But, unsurprisingly and concerningly, this does not appear to be the case in the NDIS.
Board members of NDIS providers need to see these 2022 results
Three NDIS providers reported a combined loss of $15 million, with only one posting a minuscule 0.78% margin. These results are a far cry from the exorbitant profits we’ve seen in the media recently.
Support worker employment trends reaching critical levels
The support worker employment market is at critically constrained levels, just as we approach seasonal increases in turnover, leave requests, and another potential COVID-19 outbreak. In this article, we reviewed the latest data to find some support worker recruitment solutions.
Our take on disability employment data and theField.jobs
Disability employment has re-entered the spotlight recently with an enquiry into Disability Employment Services (DES) as part of the Disability Royal Commission, along with the launch of a promising new disability-focused jobs website, the Field, co-founded by Dylan Alcott and funded by the Department of Social Services.
Is it getting harder to fill SIL vacancies?
We keep hearing across the sector that filling Supported Independent Living (SIL) vacancies is becoming increasingly more difficult for providers. As always, we reviewed the NDIS data to validate this assumption, and this is what we found.
Why NDIS product strategy is almost always wrong
Let’s say your SIL business is entering the Sydney market for the first time. You will need certain inclusions, such as a robust incident management process. This process is a high-weight critical system required to perform the service. However, it is also low-variance because it varries little between competitors. Therefore, it can not serve as a point of difference. We call these inclusions table stakes.
De-platforming and decentralising to save the disability workforce
As with all attendant care matters in the NDIS, career progression is heavily constrained by the cost model.
A closer look at SIL profitability in 2022
Supported Independent Living (SIL) profitability varies significantly between providers. While many in the NDIS assume that most providers converge on margins of only 2% given the cost model, our data tells us the average margin SIL margin was 4.5%, with considerable variance (3.15% SD).
