Aged care costing
IHACPA undertakes cost collections to gain a better understanding of the resources and costs associated with delivering aged care services in residential and in-home settings.
The results of these cost collections support the development of IHACPA’s aged care pricing advice to the Australian Government as part of Australia’s aged care reforms.
How do cost collections work?
Our cost collections gather cost and activity data from a wide range of aged care providers with different geographic, demographic, and individual characteristics. IHACPA’s cost collections use a sampling framework. This ensures that we get a sample that represents aged care resident and provider costs.
We rely on many data sources to complete a cost collection and address 3 key themes:
- the cost of resources to deliver aged care services
- the types of services delivered to consumers of aged care services
- administrative and clinical information about consumers and service providers.
The data we collect is cleansed, analysed and costed to produce a costed dataset which is used to inform our aged care pricing advice.
How to get involved:
We value input from all aged care providers in the residential and in-home aged care sector as part of our aged care cost collections.
Have a question or want to express interest in being part of our aged care cost collections?
Why are cost collections important?
Participation from facilities and gathering costed data information influences IHACPA’s pricing advice to the government. It contributes to our understanding of the costs that are required to provide care in the aged care sector.
- Costing enables us to understand variations and drivers of cost in the delivery of care across different services, patient demographics and classification groups.
- Cost collections enable us to create a broad data set showing differences across the aged care sector which forms the basis of IHACPA’s aged care pricing advice.
- Cost collections inform the refinement of classifications.
IHACPA’s cost collection projects:
Costing projects for both residential and in-home aged care are underway to contribute to the development of data collection specifications and data acquisition methodologies.
We encourage all aged care providers to be part of the cost collections. Your involvement will help shape the future of Australian aged care services. Register to express your interest in participating.
Previous cost collections
We are committed to a consultative, transparent and evidence-based approach in the development of its cost collections.
Reports from previous cost collections are available on our website:
Further information
Have a question or want to express interest in being part of our aged care cost collections? Contact us by filling the form below.