Independent Health and Aged Care Pricing Authority
Establishment of an Activity Based Funding Advice Panel
Details
Description
The Independent Hospital Pricing Authority (IHPA) is an independent government agency established by the Commonwealth as part of the National Health Reform Act 2011. IHPA's primary function is to calculate and deliver an annual National Efficient Price (NEP) for Activity Based Funding (ABF) hospitals and a National Efficient Cost (NEC) for block-funded hospitals.
The NEP is a major determinant of the level of Australian Government funding for public hospital services and provides a price signal or benchmark for the efficient cost of providing public hospital services.
The IHPA has a requirement for the provision of ABF services to support its primary role.
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Key details
- Source
- AusTender
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$4,470,644 awarded to 5 suppliers
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