Loreto Home of Compassion

WAGGA WAGGA  NSW

The Mary Potter Nursing Home and The Ethel Forrest Day Care Centre Pty Ltd

Nursing Homes Directory

Loreto Home of Compassion - 33 Bardia STREET WAGGA WAGGA NSW 2650


Location




33 Bardia STREET WAGGA WAGGA NSW 2650

Beds: 76

Category: Religious

Provider: The Mary Potter Nursing Home and The Ethel Forrest Day Care Centre Pty Ltd

Accreditation Report






Are you considering placing your elderly relative at Loreto Home of Compassion?

Do you need to find respite or permanent placement at Loreto Home of Compassion or another aged care home in the WAGGA WAGGA area?

Reduce Your Stress

We have helped many families through this difficult time and have detailed knowledge and experience to help you with this important decision about Loreto Home of Compassion.

Don't be too hasty and make easy mistakes. Access our knowledge and experience prior to making a decision which will have a major impact on your elderly loved one.

Application, Admission Forms and Negotiating Accommodation Fees at Loreto Home of Compassion

  • Providing independent advice about Loreto Home of Compassion and other care homes nearby to WAGGA WAGGA.
  • Negotiating RAD's and additional service fees to achieve the best financial arrangement.
  • Explaining strengths and weaknesses of care homes near WAGGA WAGGA - using our proven checklist to guide your decisions.
  • Matching appropriate homes to your family requirements, preferences and timetable.
  • Arranging facility tours to Loreto Home of Compassion and providing support.
  • Completing the Centrelink forms (SA457 or SA485) Asset and Income Assessment forms.
  • Accurately completing and lodging the application and admission paperwork for Loreto Home of Compassion.
  • Prompt notification and response to current vacancies at Loreto Home of Compassion through our established and trusted relationship with admission coordinators.
  • Advocacy and support during settling-in period after the placement has been completed.

Benefits of using our aged care placement service include:

  • Guidance and support - We provide expert guidance and support to help older adults and their families navigate the complex and often overwhelming process of finding and selecting appropriate long-term care options.
  • Access to information - Access to a wide range of information on available care options, including services, amenities, and costs.
  • Advocacy - We can act as an advocate for older adults and their families, ensuring that their human rights and preferences are respected.
  • Coordination - Coordinating the transition to a new care setting, including arranging for necessary medical evaluations, transferring personal belongings, and helping with other logistics.
  • Time-saving - We can save you time and effort in finding and selecting the appropriate care options.
  • Cost-effective - We are able to negotiate with facilities to reduce your onging fees.
  • Tailored solutions - We provide tailored solutions matched to your unique needs and preferences.


MPIR increased to 8.42% from 1st January 2025

The Maximum Permissible Interest Rate (MPIR) increased to 8.42% effective from January 1st 2025.

As facilities proceed to increase RAD’s, the lesser profitability of a concessional resident will result in a clear preference for RAD paying residents.

The effective Refundable Accommodation Contribution (RAC) on a refurbished aged care home, above the 40% concessional ratio, will be $302,671 from 1st January 2025, which will put pressure on those looking to find a concessional placement given average RAD’s are now much higher than this amount.

More about RAD, DAP & MPIR ...




RAD to DAP Conversion


First select the RAD Amount that has been agreed to:

      Agreed RAD: $

Use the slider to see how your daily accommodation payment (DAP) will change depending on the lump sum component of the RAD paid. The daily payment is based on the current maximum permissible interest rate (MPIR) of 8.42%.

%

  Lump Sum Paid: $

DAP :$20.20 pd

Interest rate (MPIR) is: 8.42%pa
(from 1/01/2025)