National Hospital Cost Data Collection cycle

The National Hospital Cost Data Collection (NHCDC) is a valuable tool for use across the Australian health system as it plays a large role in collating the vast majority of health system costs at a 'product' level. It has recently been defined as a remarkable evidence base and unique in the world.
The NHCDC counts each patient episode for a sample of Australian hospitals and then a representative number of the episodes are costed as a primary input into the national efficient price and national efficient cost. In addition, separate costing studies are undertaken in relation to some areas that are under developed or where directed by external parties.
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Note: On Friday 12 August 2022, the Independent Hospital Pricing Authority (IHPA) commenced a formal transition as its functions were expanded to include the provision of costing and pricing advice on aged care services and the agency renamed to the Independent Health and Aged Care Pricing Authority (IHACPA).
www.ihacpa.gov.au

[@perthuser75]

Very helpful for my clinical coding studies. Thanks