National Pricing Model Technical Specifications 2025–26

Date published: 19 March 2025

This document provides the technical specifications for developing the activity based funding models for the service streams to be funded for the National Efficient Price and the National Efficient Cost Determinations 2025–26 (NEP25 and NEC25).

To support the NEP25 and NEC25 technical specifications, view the 2025–26 editions of the following:

  • Risk adjustments for hospital acquired complications technical specifications – provides detail on how IHACPA developed the hospital acquired complications funding approach and risk adjustment methodology, which has been in effect since 1 July 2018.
  • Risk adjustments for avoidable hospital readmissions technical specifications – provides detail on how IHACPA developed the avoidable hospital readmissions funding approach and risk adjustment methodology, which has been in effect since 1 July 2021.
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