Australia’s healthcare system delivers “a number of the greatest worth for cash of any on the planet”, a federal authorities analysis physique says.
The Productiveness Fee’s conclusion relies on its evaluation of how a lot it prices to deal with a illness and therapy outcomes.
“Australia’s healthcare spend is huge and getting larger, however we’re seeing vital return on that funding by higher well being outcomes,” Commissioner Catherine de Fontenay stated on Wednesday.
The fee discovered healthcare system productiveness grew by about three per cent-a-year between 2011-12 and 2017-18 based mostly on a subset of illnesses studied, which collectively account for round one-third of healthcare spending.
The expansion was pushed largely by enhancements in high quality, relatively than price reductions.
Healthcare spending accounts for 10 per cent of the nation’s gross home product, the fee stated.
That spending was going to extend because the inhabitants ages.
“Our problem transferring ahead will likely be to offer providers extra cheaply and effectively with out comprising on high quality,” Ms Fontenay stated.
The fee’s analysis additionally instructed there ought to extra consideration on “sizeable” well being dangers corresponding to weight problems and alcohol consumption.
“We now have the fourth highest price of weight problems on the planet and the sixth highest stage of alcohol consumption,” the commissioner stated.
“This worsens inhabitants well being and creates extra work for our healthcare sector.”