In early December, the Independent Hospital Pricing Authority (IHPA) is releasing its Pricing Framework for Australian Public Hospital Services 2020–21.

The Pricing Framework is the key strategic document that underpins the National Efficient Price (NEP) and National Efficient Cost (NEC) Determinations, and plays a crucial role in setting the Commonwealth funding contribution to Australian public hospitals.

The publication is prepared following an extensive public consultation. All Australian governments, professional health organisations, private industry and any interested parties of the wider public have the opportunity to comment on key issues, including:

• data collection measures and approaches
• hospital classification systems, which inform the NEP and NEC Determinations
• pricing and funding approaches to improve patient safety and service quality
• alternative funding models that can deliver value-based, patient-centred care in an activity based funding setting.

Join IHPA’s Chief Executive Officer, James Downie on Thursday 12 December 2019 at 12:15pm AEDT for this 60-minute webinar to learn more about the policies underpinning the NEP and NEC Determinations for 2020-21.