What is the definition of Aged Care Funding Instrument?
The Aged Care Funding Instrument is the means by which Aged Care Homes (Nursing Homes) receive their funding from the government. Also referred to as the ‘ACFI’, assesses an individual’s care needs in a Residential Aged Care Home (Nursing Home) as ‘nil’, ‘low’, ‘medium’ or ‘high’ across the three funding categories. These categories are Activities of Daily Living, Behaviours and Complex Health Care.