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IHPA National Efficient Cost Determination

Posted 26 February 2015

The Independent Hospital Pricing Authority (IHPA) has released the National Efficient Cost Determination 2015-16. 

The National Efficient Cost (NEC) is the average cost of a block funded rural hospital. The NEC is used to calculate the Commonwealth Government's contribution of funding to small rural health services.

While IHPA's NEC and hospital classifications and groupings have changed in 2015-16, the funding determination for Victorian small rural hospitals will be set out in the 2015-16 Victorian Health Policy and Funding Guidelines, which are yet to be published.

View the VHA member bulletin here.

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