National Pricing Model Technical Specifications
This publication is produced as an accompaniment to the annual National Efficient Price and National Efficient Cost Determinations. It provides the technical specifications for how the Independent Health and Aged Care Pricing Authority develops the activity based funding models and provides guidance to hospitals, local health networks and state and territory health authorities on how to apply these to hospital activity.
The document also outlines how the national efficient cost is determined for hospitals (such as small rural hospitals) funded on a block-funded basis.