The calculation of public funding is essential to understanding the government funding available.
Private revenue is increasingly important to public hospitals as many hospitals are now catering to both private and public patients.
Model Activity Based Funding
Automatically calculate the funding for each encounter directly from the database. For example, in Australia the process automates the IHPA (Independent Hospital Pricing Authority) logic to calculate NWAU (National Weighted Activity Unit) on the data already in the database using just a few clicks.
Funding vs Cost
The funding calculation enables hospitals to compare government funding against real costs at the DRG and encounter level and identify where gains and losses have been made.
- Australian ABF Model