Need a refresher on some of the acronyms and terms we use in Aged Care? Here’s a snapshot of some of the common ones.
Aged Care acronyms are often used to shorten the title of a form, payment or online system. It’s important to understand what they mean.
For example, the Aged Care Entry Record form uses RAD and DAP when asking for payment arrangement information:
- RAD - Refundable Accommodation Deposit. If a care recipient chooses to make a payment as a lump sum. It works like an interest-free loan to an aged care service
- DAP - Daily Accommodation Payment. Instead of paying for accommodation as a lump sum a care recipient can make periodic payments
Here are some of the other acronyms you may come across:
- ACATs - Aged Care Assessment Teams. Multidisciplinary teams of health professionals who determine eligibility for entry to an aged care service
- ACFI - Aged Care Funding Instrument. A funding model used to determine the amount of subsidy payable to residential care services
- ACOC - Aged Care Online Claiming. A service that lets Residential aged care services lodge information electronically
- ACOS - Aged Care Online Services. A service that lets Home Care providers lodge information electronically
- ITF - Income Tested Fee. A care recipient’s contribution to the cost of a Home Care package, based on their income
- ITSR - Income Tested Subsidy Reduction (also known as Income Fee, Income Tested Amount)
- MTF - Means-Tested care Fee. A care recipient’s contribution towards the cost of residential care, based on their income and assets
- NAPS - National Approved Provider System. A Department of Health system which holds all information about aged care providers and services
- NSAF – National Screening and Assessment Form. A nationally consistent screening and assessment process for aged care eligibility