Independent Hospital Pricing Authority releases National Efficient Price and National Efficient Cost for Australian public hospital services – 3 March 2014

Posted on March 4, 2014. Filed under: Health Economics | Tags: , , , |

Independent Hospital Pricing Authority releases National Efficient Price and National Efficient Cost for Australian public hospital services – 3 March 2014

“The Independent Hospital Pricing Authority (IHPA) today released the National Efficient Price (NEP) and National Efficient Cost (NEC) Determinations for Australian public hospital services for 2014-15

The NEP and NEC determine the Commonwealth funding contribution to Australian public hospitals according to either hospital activity levels, or in the case of small rural hospitals, an allocation of block funding.

The NEP underpins Activity Based Funding and will apply to approximately 260 public hospitals nationwide including all of the large metropolitan hospitals.

For the first time, from 1 July 2014 the Commonwealth funding for most public hospital services will be directly determined by Activity Based Funding. Under the new system public hospitals are paid for the number and mix of patients they treat. ”

… continues on the site

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Independent Hospital Pricing Authority releases national efficient price for 2013-14 for Australian public hospital services – 28 February 2013

Posted on February 28, 2013. Filed under: Health Economics | Tags: , , , |

Independent Hospital Pricing Authority releases national efficient price for 2013-14 for Australian public hospital services –  28 February 2013

“The Independent Hospital Pricing Authority (IHPA) today released the national efficient price determination for Australian public hospital services for 2013-14.

The national efficient price for 2013-14 is $4,993 per national weighted activity unit. This compares with the 2012-13 price of $4,808.

The national efficient price for public hospital services underpins the national introduction of activity based funding across Australia for Commonwealth funded public hospital services.

Shane Solomon, Chair of the Pricing Authority said IHPA has determined a national efficient price that reflects the costs of delivering the many different services provided by hospitals across Australia.

This is the first time that IHPA has defined the scope of services eligible for Commonwealth funding under the National Health Reform Agreement. Consistent with the National Health Reform Agreement, IHPA has included services that can prevent the need for hospitalisation, such as community palliative care services.”

… continues

Pricing Framework for Australian Public Hospital Services 2013-14

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