Civil Voices
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  | 

Financial Framework for Disability Services Launched


Thursday, 13th November 2014 at 11:05 am
Xavier Smerdon, Journalist
A National Costing and Pricing Framework for Disability Services has been released to help mission driven organisations understand the cost of service delivery and to help them plan effectively for the NDIS.

Thursday, 13th November 2014
at 11:05 am
Xavier Smerdon, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Financial Framework for Disability Services Launched
Thursday, 13th November 2014 at 11:05 am

A National Costing and Pricing Framework for Disability Services has been released to help mission driven organisations understand the cost of service delivery and to help them plan effectively for the NDIS.

The Framework has been developed by National Disability Services (NDS), the peak industry association for disability services, representing 950 non-government organisations around Australia, in conjunction with WA’s Curtin University.

Chief Executive of NDS Dr Ken Baker said that the National Costing and Pricing Framework for Disability Services would provide a much needed foundation for disability service providers and others with a role in funding, purchasing services from, overseeing or auditing the provision of disability services to build capacity in costing and pricing.

“Unit prices have traditionally been set by Government departments based largely on how much money they have to spend on disability services. Too often, the rationale for the calculation of unit price has been lost in the history of Government budget processes. As a result, the state of knowledge of costing and pricing practice in the disability sector has suffered,” Dr Baker said.

“With the move to individualised funding, which the National Disability Insurance Scheme is accelerating, a set of principles and definitions is needed that can be applied to achieve a mature approach to costing and pricing practice that is relevant to the diverse locations and circumstances in which disability services are provided.”

Curtin University Not-for-profit Initiative Director and author of the National Costing and Pricing Framework for Disability Services, Professor David Gilchrist said; “Acknowledged by the Institute of Chartered Accountants Australia and New Zealand, the Framework sets out an approach that is consistent with management accounting in the broader economy.”

“Sustainability for disability service providers is essential not only for the organisation, but also for Government, and to maintain diversity, choice and continuity of service for participants. The long term financial effects of deciding to offer unfunded or under-funded services must be clearly understood so that decisions for achieving cost recovery in other ways can be taken,” Professo Gilchrist said.

“The Framework has been developed in response to the significant changes occurring in disability services but its key messages are applicable to community services in general with many Australian jurisdictions implementing new funding and procurement models which place greater financial risk on non-government service providers.

“In his call for CEOs and boards of disability service providers to adopt and share the National Costing and Pricing Framework for Disability Services Dr Ken Baker said “This will support greater understanding between service providers, service users and funding bodies about how costs and prices are calculated and the implications for the supply and quality of disability service provision.

NDS says it is developing an online learning program aligned to the Framework to help disability service providers develop practices appropriate to their needs.

 

Xavier Smerdon  |  Journalist |  @XavierSmerdon

Xavier Smerdon is a journalist specialising in the Not for Profit sector. He writes breaking and investigative news articles.

FEATURED SUPPLIERS


HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

We specialise in data solutions consulting and IT profession...

DQUBE Solutions

Fantastic digital management app for organisations deliverin...

Ateesa

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers

Tags : NDIS, NDS,

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

The Hierarchy of Needs – As Applied to NDIS Transition

Contributor

Thursday, 15th February 2018 at 8:45 am

Calls to Overhaul NDIS to Better Accommodate Indigenous Australians

Luke Michael

Monday, 5th February 2018 at 12:11 pm

New Report Highlights NDIS Gaps for People With Severe Mental Illness

Luke Michael

Wednesday, 31st January 2018 at 12:12 pm

Predictions for 2018: NFP Recruitment

Richard Green

Tuesday, 30th January 2018 at 8:32 am

POPULAR

Australians Losing Trust in Charities

Wendy Williams

Wednesday, 7th February 2018 at 5:28 pm

Calls to Overhaul NDIS to Better Accommodate Indigenous Australians

Luke Michael

Monday, 5th February 2018 at 12:11 pm

Senate Urged to Reject Welfare Reform Bill

Wendy Williams

Monday, 5th February 2018 at 5:48 pm

Prisoners with Disability Subject to Harrowing Abuse, Report Finds

Luke Michael

Wednesday, 7th February 2018 at 4:19 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Civil Voices
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!