Not-for-profit disability services are closing due to untenably low price caps, NDIS architect warns

• Not-for-profit disability services in Australia are closing due to unsustainable price caps set by the National Disability Insurance Scheme (NDIS), with providers reporting a median operating loss of nearly 4% in the last financial year and total losses of about 12% over five years.
• This situation raises significant concerns about the future of support for vulnerable Australians, as the closures of these services could lead to reduced access to essential care and support for individuals relying on the NDIS.

— via World Pulse Now AI Editorial System