Olivet Aged Persons Home

RINGWOOD  VIC

Christadelphian Welfare Association (Vic) Inc

Olivet Aged Persons Home


Olivet Aged Persons Home
7 Rupert Street RINGWOOD 3134



Residential Care Placement Guide


Residential Care 101
Eligibility and Assessment
Residential Care Financials
Hints and Tips
Selecting the Aged Care Home
Admission Day
Transition and Settling In
Residential Care STAR Ratings

Dollars to Care

Dollars to Care is the Australian Government's groundbreaking analysis tool designed to bring financial transparency to the aged care sector.

Learn more about Dollars to Care...


Need Aged Care Advice, Placement or Advocacy ?

Do you need respite care, convalescent care, or permanent care for a loved one at Olivet Aged Persons Home ?

Are you seaching for a vacancy in an aged care home in RINGWOOD or close-by ?

Senior Moves can provide an independent and experienced advice about Olivet Aged Persons Home, including services delivered and financials, and a comparison to other aged care homes in RINGWOOD.

Senior Moves is a respected aged care placement service and can help you immediately.


Need more information - Contact Us





Facilities and Services

At Olivet Aged Care you can be sure you will be well looked after.


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Olivet have had the privilege of caring for the elderly in our local community for over 50 years. With such extensive experience and attention to all aspects of care, Olivet believe you will feel comfortable trusting them to support both your physical and mental health during the next stages of life. Olivet have wonderful, highly trained staff, many of whom have worked at Olivet long term.


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Olivet believe in upholding a standard of excellence in both care and accommodation. Olivet will also provide you with the highest professional level of administration and service, whilst protecting privacy and maintaining dignity.


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Olivet are a not-for-profit charitable organisation, owned and operated with compassion, kindness and respect.


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MPIR reducing to 8.34% pa

The Maximum Permissible Interest Rate (MPIR) will reduce to 8.34% pa from

For a Refundable Accommodation Deposit (RAD) of $550,000 the equivalent Daily Accommodation Payment (DAP) reduces to $125.67 pd ($45,870 pa).

The Reserve Bank has kept the cash rate on hold for a few months, so we are seeing a very small decrease in the MPIR. This could mean that the MPIR has reached its peak and could be on the slide down.

Also from 1st April 2024, the refurbished Daily Accommodation Contribution (DAC) rate of $68.14 means an equivalent Refundable Accommodation Contribution (RAC) of $298,215. In June 2022 the RAC was $544,719, meaning that aged care homes that are “RAD-focused” are now less likely to look at fully supported / partially supported residents if the aged care home has already exceeded their 40% supported ratio, as the RAC has now dropped below $300,000.

The change in the MPIR to 8.34% is welcomed but should have no major impact on residents as they enter an aged care home from

Learn about RAD, DAP and MPIR ...

Need to discuss aged care fees? Contact Us



Location




7 Rupert Street , RINGWOOD , 3134, VIC

Residents: 135

Type: Charitable

Provider:
Christadelphian Welfare Association (Vic) Inc

Olivet Aged Persons Home
Accreditation Status: Accreditation Report
Source: Aged Care Quality and Safety Agency


RAD/DAP Conversion

        Select RAD Amount: $

%

        Lump Sum RAD Paid : $

DAP :$20.20 per day

Interest rate (MPIR) is: 8.34%pa
(effective 1st April 2024)



Aged Care Placement Services



Understanding the Options

The family information session will provide you with up-to-date and unbiased information.

Finding the Right Home

The facility shortlist will help match the right aged care home to your individual family needs.

Negotiating the Fees

The RAD Negotiation service has helped many families reduce the accommodation charges.

Admission Forms

Making sure that all necessary paperwork is completed correctly and submitted in a timely manner.

Settling In

Senior Moves can help with the settling in period to ensure that all items are fully covered.

Relocation Management

Relocation Management will help you carefully disperse, pack, clean, arrange transport and unpack.

Need an Urgent or Emergency
Aged Care Placement

Arrange the Placement Now

Aged Care Star Rating System


Where can I find the Star Ratings?

From , the Government has started to use the STAR RATING system for registered aged care homes (new homes will be allocated a Star Rating after 12 months of operation).

Star Ratings are displayed on the Aged Care Provider Search within the My Aged Care website.

The Star Rating is based upon 5 levels with the middle rating denoting only a minimum baseline of ‘Acceptable’ care quality and services.


Continuous Improvement

The Star Rating System has revealed that 41 % of aged care homes are performing at a 5-star (excellent) or 4-star (good) level.

Star Ratings also reveal that astonishingly 5 % are performing below the minimum standards set, receiving a dismal and disturbing (Improvement Needed) or (Significant Improvement Needed) Star Rating.


Star Rating Support

We support full public disclosure of those aged care homes that are making the effort to exceed the regulated standards and community expectations.

We also support the naming of aged care homes that do not currently provide quality levels of aged care services to the frail elderly and vulnerable members of our community.

The Star Rating system is a key component of the aim for continuous improvement to our aged care system.


Total Homes in each Star Rating level



Excellent
54 homes
2.16 %



Good
964 homes
38.56 %



Acceptable
1357 homes
54.28 %



Improvement Needed
119 homes
4.76 %



Significant Improvement Needed
6 homes
0.24 %



TOTAL Homes 2500