Financial performance, Comparable Cost of Care
Comparable Cost of Care
Comparable Cost of Care assesses the relative efficiency of acute admitted patients in major and large Australian public hospitals using comparable costs and weighted units of activity. Comparable Cost of Care refers to the subset of costs attributable to acute admitted patients that are considered to be nationally comparable across hospitals. Admitted patients are weighted based on the complexity of the patient as well as other patient specific costs drivers.
Indicator
Comparable Cost of Care
About the indicator
Comparable Cost of Care is derived from the National Hospital Cost Data Collection Round 16 (2011–12). This collection is managed by the Independent Hospital Pricing Authority. The full dataset specification can be found at https://www.ihpa.gov.au/publications/nhcdc-australian-public-hospitals-cost-report-2011-2012-round-16
Hospital admissions are in-scope for Comparable Cost of Care and total units of activity if:
- The patient is classified as an acute admission
- The patient was discharged and admitted within the 2011–12 financial year
- The patient has a non-error AR-DRG v6.x.
Specification
To see more about this measure view the data specification for this indicator on Australia’s metadata online registry, METeOR.
Specification
Total units of activity, Comparable Cost of Care
Total units of activity measures the weighted activity units in scope for the Comparable Cost of Care indicator. To enable fair comparisons, admitted patients are weighted based on the complexity of the patient as well as other patient-specific costs drivers.
Indicator
Total units of activity
About the indicator
Total units of activity are derived from the National Hospital Cost Data Collection Round 16 (2011–12), a collection managed by the Independent Hospital Pricing Authority. The full dataset specification can be found at https://www.ihpa.gov.au/publications/nhcdc-australian-public-hospitals-cost-report-2011-2012-round-16
Total units of activity form the numerator of the National Health Performance Authority’s Comparable Cost of Care indicator.
Hospital admissions are in scope for Comparable Cost of Care and total units of activity if:
- The patient is classified as an acute admission
- The patient was discharged and admitted within the 2011–12 financial year
- The patient has a non-error AR-DRG v6.x.
Specification
To see more about this measure view the data specification for this indicator on Australia’s metadata online registry, METeOR.
Specification