Webinar: A roadmap to scalable value-based payments in Australian health care

Location:
Venue: Online
Date: 22 February 2023 12:00pm to 22 February 2023 01:30pm

Australian healthcare funding policy needs a rethink and value-based payments will be a necessary step towards securing Australia’s healthcare system sustainability. Nevertheless, using financial incentives to change behaviour will require national leadership, substantial investment in better information technology, and improved data collection and sharing.

The value-based payment reform journey will be long, and it will experience some failures. Resolute testing of innovative funding models within a strong learning ecosystem will be important for building funding models that complement future healthcare needs and preferences of patients. 

It will be natural for providers to push back on value-based payments if the incentive structure fails to compensate for increased risk, fails to cover the marginal cost associated with meeting incentive targets, or fails to attribute health outcomes to care.

The webinar will feature the inaugural Deeble Fellow, Prof Henry Cutler, who will speak about the policy brief ‘A roadmap towards scalable value-based payments in Australian healthcare’. This will be followed by a panel discussion with eminent health leaders, on developing a structured and supportive policy and institutional framework around the intent to trial and evaluate multiple value-based payment models nationally. 

PRESENTERS:

Prof Henry Cutler - Inaugural Deeble Institute Fellow and author of the brief, A roadmap towards scalable value-based payments in Australia health care
Inaugural Director, Macquarie University Centre for the Health Economy

Prof Kees van Gool - Executive Director, Independent Health and Aged Care Pricing Authority
Deputy Director, Centre for Health Economics Research and Evaluation, UTS

Dr Michael Wright - Chair, Central and Eastern Sydney PHN and Chair, RACGP Expert Committee, Funding and Health System Reform.

Adj AProf Rebecca Haddock Executive Director Knowledge Exchange, Australian Healthcare and Hospitals Association