7706 MED Health Project - 7706 MED Health Project HEALTH...

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7706 MED Health Project HEALTH PROJECT I-Brief Outcomes Funding Mechanism in Australia Author NAME - Dhavalkumar Patel STUDENT ID - S5005420
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Contents Executive summary ...................................................................................................................................... 3 Keywords ..................................................................................................................................................... 3 Introduction ................................................................................................................................................. 4 Background ................................................................................................................................................. 6 Questions ..................................................................................................................................................... 7 Scope ........................................................................................................................................................... 7 Objective ..................................................................................................................................................... 9 Methodology ............................................................................................................................................. 10 Literature review ....................................................................................................................................... 19 Immediate outcome ............................................................................................................................... 23 Ultimate outcome .................................................................................................................................. 24 Results ....................................................................................................................................................... 25 Conclusion ................................................................................................................................................. 28 Recommendations ..................................................................................................................................... 29 References ................................................................................................................................................. 31
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Executive summary There are a number of different initiatives that their objective is to reform the health care system outcome based funding which are ongoing at national and in different jurisdictions. The commonwealth government has an interest that is coming from different stakeholders that are out to mobilize funds from different areas of the commonwealth governments where they have provided incentives and given a green light for exploration of new financial policy options for the clinical outcome based funding. Even though, from the recent past the clinical outcome based funding is focusing on the different contrasting modes of payment rather than a systematic way of financing. Financing is more than any approach of payment, reflection of the inflow of capital which structures the services that are offered. The ongoing debates about payments and funding like the capitation, performance based funding tend to bring out the concept of underpinning the clinical outcome based funding. In this issue brief, there is a lot of exploration of different policy options that that are more than the normal payment systems. It gives a different approach to clinical outcome based funding wityh a deeper perspective that has a focus on in the ways to link the objectives to different outcome from different financial ways. In this issue brief, it will identify means that will consider clinical outcome based funding care finance options and by focusing on the objectives of the different financing systems, the way they relate and connect to the financial tools with a focus on the outcomes of the health systems. It also has an aim of widening the ongoing debate about the clinical outcome based funding.
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Lastly, this issue brief is the starting point of the broader of financial policy engagement between the medical practitioners, academicians, and policy makers about the ways of financing the health care system.
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Keywords Activity Based Funding (ABF) Australian Bureau of Statistics (ABS) Australian Institute of Health and Welfare (AIHW) Intensive Care Unit (ICU). National Health and Hospitals Reform Commission (NHHRC)
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Introduction In Australia, the National Health and Hospitals Reform Commission (NHHRC) terms of reference require that long-term health reforms be developed for the improved performance of the health systems. The most important aspect is the production efficiency which incorporates effectiveness, equity, and quality. This brief issue paper reviews the availability of literature on the efficacy of the Australian health care system and the applicability of clinical outcomes-based funding approach in the health sector.
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