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Nursing Homes Advice and Placement
MADDINGLEY VIC
Villa Maria Catholic Homes Limited
Villa Maria Catholic Homes Providence Aged Care Residence - 9 GRIFFITH Street MADDINGLEY VIC 3340
9 GRIFFITH Street , MADDINGLEY , 3340, VIC
Beds: 99
Category: Charitable
Provider: Villa Maria Catholic Homes Limited
Villa Maria Catholic Homes Providence Aged Care Residence
Accreditation Status: Accreditation Report
Source: Aged Care Quality Agency
Do you need respite care, convalescent care, or permanent care for a loved one at Villa Maria Catholic Homes Providence Aged Care Residence ?
Are you seaching for a vacancy in an aged care home in MADDINGLEY or close-by ?
NursingHomes.com.au can provide an independent and experienced advice about Villa Maria Catholic Homes Providence Aged Care Residence, including services delivered and financials, and a comparison to other aged care homes in MADDINGLEY.
NursingHomes.com.au is a respected aged care placement service and can help you immediately.
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RAD $350,000 - $475,000
Ageing in place, Permanent, Respite, Motor Neurone Disease (MND), Multiple Sclerosis (MS), Peg feeds, Power wheelchair.
Support for people who are homeless or at risk of becoming homeless.
Support for people who are financially or socially disadvantaged.
LGBTI friendly.
Support for ATSI cultural needs.
In response to the COVID 19 pandemic, VMCH maintains daily reviews on visiting restrictions to all Residential Aged Care Facilities.
New Admissions and families wishing to take a tour of the residence may do so by appointment, at the discretion of the Facility Manager.
All VMCH Residences cater for NDIS eligible clients.
The benefits of using an aged care placement service include:
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
Select RAD Amount: $
% |
Lump Sum of RAD Paid : $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.34%pa
(effective 1/04/2024)