Forecasting hospital expenditure in Victoria: lessons from Europe and Canada.

Published

Journal Article

This paper specifies an econometric model to forecast State government expenditure on recognised public hospitals in Victoria. The OECD's recent cross-country econometric work exploring factors affecting health spending was instructive. The model found that Victorian Gross State Product, population aged under 4 years, the mix of public and private patients in public hospitals, introduction of casemix funding and funding cuts, the proportion of public beds to total beds in Victoria and technology significantly impacted on expenditure. The model may have application internationally for forecasting health costs, particularly in short and medium-term budgetary cycles.

Full Text

Duke Authors

Cited Authors

  • Antioch, KM; Walsh, MK; Anderson, D; Brice, R

Published Date

  • 1999

Published In

Volume / Issue

  • 22 / 1

Start / End Page

  • 133 - 155

PubMed ID

  • 10387897

Pubmed Central ID

  • 10387897

International Standard Serial Number (ISSN)

  • 0156-5788

Language

  • eng

Conference Location

  • Australia