Hospital spending is the fastest growing area of government spending, and it will continue to increase with new technologies and an ageing population. In this report published by the Grattan Institute, it is suggested sorting out inefficiencies in public hospital systems is a good place to start. In one example it is found that the difference in the cost of a hip replacement can vary up to $16,000 between different hospitals. The authors suggest that this money could be used for different purposes.
Controlling costly care: a billion-dollar hospital opportunity. Stephen Duckett and Peter Breadon. Melbourne: Grattan Institute; March 2014
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