Changing how we fund hospitals to put the patient first could help eliminate health-care wait times, policy experts say
2023-11-20 from thehub.ca
Under the global budgeting system, hospitals typically receive funding based on historical budgets, adjusted for factors such as inflation and population growth.
Shawn Whatley, a physician and Munk senior fellow for health-care policy at the Fraser Institute, says that global budgeting no longer meets Canadians’ health-care needs.
Unlike global budgeting, activity-based funding allocates funds according to the actual services provided. Bacchus Barua argues that this model could reduce wait times and would create a competitive and dynamic funding environment where funding follows the patients.
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