1. Identify which of the four funding models defined by Egar et al XXXXXXXXXXare used by the public...

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1. Identify which of the four funding models defined by Egar et al XXXXXXXXXXare used by the public hospitals in Australia and briefly describe its use.

2. To what extent do you agree or disagree that the National Efficient price may provide an incentive to improve the health status of any selected segment of the Australian population. Remember to use relevant references to back up your arguments

Akansha · Accepted Answer

FUNDING MODELS FOR PUBLIC HOSPITALS
FUNDING MODELS FOR PUBLIC HOSPITALS
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Identify which of the four funding models are used by the public hospitals in Australia and briefly describe it use?
The four funding model which is used by the public hospitals in Australia is:
· Activity based funding (ABF) – It is a process of funding hospitals where these are basically paid according to the numbers of patient treated in the hospitals and how they got treated. It is to be believed that if the hospital authority gets and treated more patients, then they generally got high funding as compare to the hospitals which gets less patients converted in less funding. In Australia, according to the ABF models, if the hospital is providing exclusive treatment to any complicated patient then it must get some extra funding to promote greater care effectively and efficiently. This funding aids the timely reach to the quality services which improves the value of investment in the Australia public hospitals along with this ensures a efficient and sustainable network of public hospital services. There are basically three arms of the building blocks of the ABF which is Counting, classification, and costing. The funding Was mainly done to enhance the value of the public investment in the public hospitals and to make sure an efficient and sustainable network of the hospital services (Erlandsen, 2007).  
· Block funding method – It is a method of funding which is provided to aid research work and teaching undertaken in the public hospitals along with some of the public hospital services where it is highly relevant and suitable and mainly in the smaller regional and rural hospitals. It has been identified that some amount of the hospital work has been block funded and there are many hospitals which are wholly block funded.  According to this agreement, these small rural hospitals are largely block funded to make sure they are getting enough funds irrespective of its activity.
· Historic funding – According to the agreement, before the implementation of the case mix funding to the severe serious inpatient services,

1. Identify which of the four funding models defined by Egar et al XXXXXXXXXXare used by the public hospitals in Australia and briefly describe its use. 2. To what extent do you agree or disagree that...

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