Who we are
The Independent Health and Aged Care Pricing Authority (IHACPA) is an independent government agency that assists the Australian Government to fund hospital and aged care services more efficiently by providing evidence‑based price determinations and pricing advice.
IHACPA delivers its annual program of work through consultation and collaboration with the Australian Government, state and territory governments, advisory committees, key stakeholders and the public.
It is comprised of a board, the Pricing Authority, which provides advice to the government. The CEO of IHACPA is responsible for the day-to-day management of the agency and its staff.
In August 2025, IHACPA released its Strategic Plan 2025–30, building on past achievements and setting out a clear direction for the future.
Our vision
A sustainable Australian care system that is accessible, resilient and delivers quality care outcomes for everyone.
Our purpose
We use evidence to make fair and equitable decisions that drive efficiency and promote better value, and higher quality care services.
Our values
Our values have been shaped by our staff to reflect the shared mindsets and behaviours that are unique to IHACPA:
IHACPA's values:
- Inclusive - we work better together
- Trustworthy - Integrity defines us
- Curious - Innovation drives us forward.
We also champion the Australian Public Service Values of being impartial, committed to service, accountable, respectful, ethical and stewardship.
Where are we going?
IHACPA is committed to achieving its vision by prioritising innovation, collaboration and excellence. IHACPA’s strategic goals reflect our commitment to key areas of investment and measurable achievement.
IHACPA's strategic goals:
- Organisational excellence
- Efficient, equitable and quality care systems
- A robust and adaptive evidence base
- A partner of choice.