Introduction to the Australian Hospital Patient Costing Standards (AHPCS) Version 4.2

The Australian Hospital Patient Costing Standards (AHPCS) provide direction for costing health care practitioners to ensure all in-scope costs are allocated to hospital activity to reflect resource utilisation, in a complete and consistent manner.
In 2023, the AHPCS Version 4.2 was updated in consultation with jurisdictions to include changes to the definitions of ‘direct’ and ‘indirect’ costs, and to distinguish between patient transport costs.
The AHPCS Version 4.2 consists of three components:
Part 1: Standards - provides the overarching principles to support and inform each step in the process of patient level and product costing.
Part 2: Business Rules - provides practical guidance on how a Standard can be translated into action.
Part 3: Costing Guidelines - provides practical consolidated steps to guide costing practitioners on how to cost various services.
This video provides an overview of structure and use of the AHPCS.
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www.ihacpa.gov.au

[@mrspeaker6720]

Thanks. Out of interest, when were the standards last reviewed?

[@IHACPA]

Thank you for your enquiry.
The review of the AHPCS Version 4.1 commenced late 2021 and concluded in June 2023. The AHPCS Version 4.2 was published on IHACPA’s website on 1 September 2023.
For more information, please visit our website: www.ihacpa.gov.au/resources/australian-hospital-patient-costing-standards-version-42