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Clinical Costing Fundamentals and Analyses

  • : Online

This course will equip healthcare professionals with knowledge and practical skills on the fundamentals of clinical costing and how to analyse and deliver cost-effectiveness in clinical practice in a rapidly changing and complex funding environment. 

An ageing and growing population, increased prevalence of chronic diseases, and technology-aided advances in treatment contribute to the rise in healthcare costs globally each year. To deliver optimal healthcare performance management, accurate and detailed information on cost, revenue and clinical outcomes is required. Understanding how clinical costing information is developed, determined, utilised and allocated will ultimately empower healthcare professionals to deliver value-based care.

 

This course comprehensively covers the fundamentals of clinical costing datasets in public hospitals from theory, philosophy to practice. The course explores how financial information aligns with clinical information to establish the cost and identify potential revenue associated with specific clinical tasks. Practical examples of clinical costing in action, including how to analyse and interpret cost data to develop a business case, is provided.

DESIGNED FOR

This course is suitable for any student (undergraduate and postgraduate) with an interest in the health sector and registered healthcare professionals.

 

LEARNING OUTCOMES
  • Understand the theory, philosophy and practice of clinical costing systems and datasets
  • Understand how information from finance, human resources, ancillary and clinical services are linked
  • Gain knowledge on clinical costing standards which underpin cost allocations
  • Gain knowledge on how clinical costing datasets are used in practice
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    COURSE OUTLINE COURSE UNITS

    Tutorial 1: Why clinical costing is important?
    Tutorial 2: The background of clinical costing
    Tutorial 3: Clinical costing starts with finance
    Tutorial 4: Where the clinical services are
    Tutorial 5: Mapping clinical services to the dollars
    Tutorial 6: Clinical costing standards, reporting and analyses
    Tutorial 7: Funding and revenue allocation

     

    PARTICULAR KNOWLEDGE OR SKILLS OBTAINED THROUGH COURSE
    • Practical application and working knowledge of the fundamentals of clinical costing
    • Comprehensive understanding of the importance of clinical costing datasets in healthcare cost-effectiveness analyses
    • Effective working knowledge of clinical costing standards and reporting requirements
    • Understanding of financial and clinical information systems

     

    COURSE LEADERS

    Dr Ronald Ma
    Clinical Costing Analyst, Austin Health, Melbourne, VICTORIA, Australia

    AUTHORS
    • Stephen Cole, Director - ABF Financial Reporting | Financial Services Gold Coast Health, Gold Coast University Hospital
    • Dr Jason Wang, Registrar, Austin Health
    • Yvonne Ballueer, Nurse Unit Manager, Intensive Care Unit, Austin Health

     

    Delivery
    Title
    Clinical Costing Fundamentals and Analyses
    Location
    Provider Type
    Education Provider
    Duration
    10 hours
    Price
    Free
    Price Details
    AUD $550 (incl. GST) Student/Nurse/Trainee/Allied Health Professional Discounted Fee*: AUD $350 (incl. GST)
    Location
    Online
    Contact Phone
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    HealthcareLink