The current NDIS funding model, whereby the disabled person is able to choose their provider, had its inception following a productivity commission report in 2012. The pace of the rollout of this scheme has significantly increased in the past five years, as shown by an average annual revenue growth in the order of 70% during this period. This has led to a significant increase in the number of businesses servicing the NDIS sector.
This article covers businesses providing home care services funded by the NDIS. In order to qualify for funding, a person has to demonstrate permanent and significant disability.
The care services provided to patients are typically as follows:
• Personal care assisting in-home to allow independent living;
• Domestic tasks;
• Transport to services and social participation activities;
• Short term accommodation – to give family carers respite.
Current Business Conditions
Annual revenue to the sector has increased by over 70% per annum over the past five years. This is driven by the increased pace at which the Federal Government has rolled out funding. Patients get assessed as to their level of disability and based on this get awarded a funding package.