Back 

Costing

Why Participate?

  • Identify high and low cost and revenue services compared with peers for review and action 

  • Quantify the financial impost of poor safety & quality

  • Pinpoint input cost variations with peers - wards, diagnostic services, ICU, medical costs etc 

  • Take action to bring costs into line with exemplars

  • Better manage outputs/outcomes

Subscribe

Select Optional Activity B1 on your subscription agreement and return by email to accounts@healthroundtable.org

Cost

$A5,250 (excl. GST) per group per facility.
Individual delegate venue fees are billed separately.

Timeline and key dates

December 2017
2016/17 Data due

February 2018
2016/17 Reports on website for March meeting

7-8 March 2018
Group meeting to review 2016/17 data

April 2018
Final 2016/17 reports produced

October 2018
Request to 2018 subscribers for full year 2017/18 data

December 2018
2017/18 data due

7/8 March 2019
Group Meeting to review 2017/18 data

Clinical Costing Improvement Group

Financial Performance Improvement Group

7-8 March 2018, Brisbane
2016/17 - Staying ahead of the Pack
2017 Subscribers
Meeting Code HRT1801

This group's goal is to maximise the utility and timeliness of peer, patient cost and revenue comparisons in the pursuit of efficiency, and safe, high quality patient care.

Activity Based Funding will continue as the primary Commonwealth Hospital funding mechanism for at least the next three years. More Health Services are looking for cost and revenue improvement opportunities across all programs. The Health Roundtable provides the most timely, in depth cost and revenue analyses, and peer comparisons in Australia.

The Financial Performance Improvement Group for 2017 will collect, analyse and report costs and revenues for Financial year 2016/17 across the continuum of care - Emergency, Acute Inpatients, Mental Health, Subacute and outpatientservices. We will benchmark your costs and NWAU revenues with your peers and highlight significant savings opportunities.

We will highlight the huge cost impost of poor patient care and sub-optimum safety and quality. We will show your profit and loss for each of these streams using your own NWAU units. See how much you are making or losing for each episode, clinical service, clinical department, service stream or your entire health service.



What do you need to do?

  • Nominate a key liaison person who will co-ordinate data collection and be a contact for questions and follow up
  • Provide periodical data extracts from your costing system in accordance with our specifications
  • Promote the use of the financial performance reports in your health service
  • Identify and share financial management innovations with your peers
 What does The Health Roundtable do?
  • Collects and processes your costing data periodically in accordance with agreed cost allocation specifications
  • Facilitates discussion among participating health services and constantly revise and update cyclical reports to meet changing client requirements
  • Provides customised, flexible reports to help identify good practice exemplars in effective financial management
  • Provides advice and education on all aspects of activity based funding and costing and its application in your health service

Sydney Office

Suite 804
28 Foveaux Street
Surry Hills, NSW 2010

Call Us

In Australia: ‎+61 (02) 8041-1421‎

In New Zealand: +64 (09) 889 0332

Partners and Members

 



 
© 1995-2018 The Health Roundtable