The Australian Government has announced the greatest improvement to the Aged Care sector in 30 years – a $5.6 billion investment in a reform package over the next decade.
According to the ABS, Australia’s population is ageing due to a decreasing birth rate and increasing life expectancy. Over the past two decades, the population aged 85 years and over increased by 110%, compared with the total population growth of 35%.
In the next 40 years, the number of Australians aged over 65 is expected to more than double, with those aged over 85 to more than triple.
The Aged Care Taskforce Report stated that by 2050 the residential aged care sector will need $56 billion in capital funding to upgrade existing aged care rooms and build the additional rooms that growing numbers of older Australians will need.
Companies pitching for business in this growing sector need to harness the power of AI to remain competitive in this space.
For major government projects, bid and tender writing specialised software such as AutogenAI is proving essential.
AutogenAI Language Engines are making bid-writing teams up to 85% more efficient, producing drafts in minutes rather than days and boosting their win rates significantly.
How AutogenAI software helps businesses create winning bids:
1. With AutogenAI, you can effortlessly retrieve, locate, and adapt all the information in your knowledge library combined with public knowledge to incorporate credible evidence into proposals, enhancing the speed and efficiency of your proposal and reducing drafting time by 70%.
2. AutogenAI integrates relevant case studies to showcase expertise, ensuring proposals are well-informed and completely current.
3. Using AutogenAI reduces the stress on teams dealing with deadlines.
4. AutogenAI always keeps the human in the loop to ensure a company’s bids are unique and hit all the key points.
To learn more, contact us today.