Market Adjustment Program

The Market Adjustment Program grant opportunity builds on the Government’s existing Market Adjustment Program which supports residential aged care providers (providers) that are facing financial viability concerns by expanding that support to Support at Home providers. The program provides funding (including ‘critical failure’ funding) to avoid premature aged care provider closures and, in appropriate situations, to support orderly exits and service or provider consolidation. In addition, the program may also fund initiatives aimed at improving business capability (to reduce likelihood of deteriorating performance). The overarching program intent is to reduce the risk to the safety of care recipients from disorderly closures or financial failure.    The Market Adjustment Program Grant Opportunity is to safeguard continuity of care for care recipients through support for providers that are in most need of funding assistance, are strategically important (including those in thin markets) and require support to improve business capability and operations.  The MAP grant opportunity will provide grant funding through three streams:  Stream 1: Improvement of Business Operations Stream 2: Sale or Closure  Stream 3: Critical Failure Grant amounts and the funding stream will be determined by the Department of Health and Aged Care (the department) on a case-by-case basis based on the department’s assessment of the provider’s risk profile and value for money. An applicant can only apply for the Stream the department issues an Invitation to Apply for.  To view the grant opportunity documents, please select the red "Grant Opportunity Documents" button on the left-hand side.