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Thin Markets NDIS Background - Coggle Diagram
Thin Markets NDIS Background
Providers
Reasons for entering the NDIS market
Lack of specialist and generalist services in rural/ remote areas.
Reasons for not entering the NDIS market
Prohibitive costs to entering the market
Providers leaving the NDIS market
Funding Model (consumer based and not provider based)
Staffing issues
Insufficient Cash flow
Lower rates leading to unsustainability
Higher marketing and admin costs
Higher training costs
Higher IT and systems cost
Lack of capital
Competition for staff availability and efficiency
Thin markets
Notable examples of thin markets
Definition
Thin markets in geographically remote areas
Pricing
Pricing structure
Pricing changes in the NDIS
Pricing changes in the NDIS – geographical and/or location