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

Publication ,  Journal Article
Antioch, KM; Walsh, MK; Anderson, D; Brice, R
Published in: Aust Health Rev
1999

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.

Duke Scholars

Published In

Aust Health Rev

DOI

ISSN

0156-5788

Publication Date

1999

Volume

22

Issue

1

Start / End Page

133 / 155

Location

Australia

Related Subject Headings

  • Victoria
  • Regression Analysis
  • Models, Econometric
  • Middle Aged
  • Male
  • Infant, Newborn
  • Infant
  • Humans
  • Hospitals, Public
  • Hospital Bed Capacity
 

Citation

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ICMJE
MLA
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Antioch, K. M., Walsh, M. K., Anderson, D., & Brice, R. (1999). Forecasting hospital expenditure in Victoria: lessons from Europe and Canada. Aust Health Rev, 22(1), 133–155. https://doi.org/10.1071/ah990133
Antioch, K. M., M. K. Walsh, D. Anderson, and R. Brice. “Forecasting hospital expenditure in Victoria: lessons from Europe and Canada.Aust Health Rev 22, no. 1 (1999): 133–55. https://doi.org/10.1071/ah990133.
Antioch KM, Walsh MK, Anderson D, Brice R. Forecasting hospital expenditure in Victoria: lessons from Europe and Canada. Aust Health Rev. 1999;22(1):133–55.
Antioch, K. M., et al. “Forecasting hospital expenditure in Victoria: lessons from Europe and Canada.Aust Health Rev, vol. 22, no. 1, 1999, pp. 133–55. Pubmed, doi:10.1071/ah990133.
Antioch KM, Walsh MK, Anderson D, Brice R. Forecasting hospital expenditure in Victoria: lessons from Europe and Canada. Aust Health Rev. 1999;22(1):133–155.
Journal cover image

Published In

Aust Health Rev

DOI

ISSN

0156-5788

Publication Date

1999

Volume

22

Issue

1

Start / End Page

133 / 155

Location

Australia

Related Subject Headings

  • Victoria
  • Regression Analysis
  • Models, Econometric
  • Middle Aged
  • Male
  • Infant, Newborn
  • Infant
  • Humans
  • Hospitals, Public
  • Hospital Bed Capacity