Regis Ringwood
Regis Ringwood
294 Maroondah Highway RINGWOOD 3134
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Facilities and Services
Regis Ringwood aged care home enjoys enclosed leafy garden courtyards with a lovely water feature and is located in Melbourne’s northeastern suburb of Ringwood, neighbouring the large Ringwood Lake Park.
Regis Ringwood is ideal for hosting a range of high quality, active and diverse social events, including visiting entertainers, daily activities and special interest groups.
The home offers a range of rooms from single with en suite to single with shared en suite to shared rooms with shared amenities, all featuring contemporary furnishings and finishes.
Regis Ringwood
With over 25 years’ experience, Regis Aged Care is proud to provide residents with the support they need to live life on their terms.
Lifestyle
At Regis Ringwood, they believe it is vitally important to stay engaged with life, to stay involved with current interests and develop new ones. This is why at Regis they create a personalised lifestyle program for each resident and encourage the whole family to be involved.
Food
Regics Ringwood understand how important nutritious and wholesome food is – that’s they have qualified chefs, cooks and catering teams in all of the homes who cook on-site from scratch to deliver quality meals to each and every one of the residents.
Dementia
Regis provides targeted services, specialised staff and facilities to support residents living with dementia. The programs include PARO Therapy, Activity Stations, Table Top Activities, Music Memories, Resi @ Home and our Sundowners Program.
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 ...
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Location
294 Maroondah Highway , RINGWOOD , 3134, VIC
Residents: 90
Type: Private Incorporated Body
Provider:
Regis Aged Care Pty Ltd
Regis Ringwood
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)