Macquarie Indexes of Healthcare Productivity
This report provides an introduction to a set of new indexes that describe the quantity, price and combined expenditure on hospital services delivery by the states and territories in Australia.
THE MACQUARIE INDEXES are the result of a body of work produced within the National Health and Medical Research Council (NHMRC) Partnership Centre for Health System Sustainability, at the Australian Institute of Health Innovation (AIHI) at Macquarie University, in collaboration with the Independent Hospitals Pricing Authority (IHPA) and the Macquarie University Centre for the Health Economy (MUCHE).
The Macquarie Indexes comprise the three interrelated indexes:
- The Macquarie Index of Expenditure on Hospital Service Delivery
- The Macquarie Index of Price of Hospital Services Delivered
- The Macquarie Index of Quantity of Hospital Services Delivered
The aim of the indexes is to enable the consistent measurement of the components of productivity across time and physical geographies through routinely collected data that accurately reflects the care that is delivered.