Common use of Block Funded Hospitals Clause in Contracts

Block Funded Hospitals. The calculation for Block Funded Hospitals’ transition grant is the difference between the overall funding calculated for your District’s small hospitals, and the aggregate projected cost for the District’s block funded small hospitals calculated based on your 2014/15 clinical costing results. The Treasury Managed Fund provides workers compensation, motor vehicle and property liability insurance cover for all reporting entities within NSW Health, including Districts/Networks. Each year NSW Treasury sets an insurance benchmark budget for NSW Health which covers all of the insurance policies (i.e. workers compensation etc.) held on behalf of Districts and other reporting entities. The 2016/17 insurance TMF budget has resulted in an overall reduction for reporting entities across NSW Health. For some Districts/Networks, depending upon claims experience and wages, the budget reduction is matched by a reduction in the actual contribution payments for the 2016/17 year. Schedule C sets out the key budget elements linking activity and service streams to funding. In line with our the devolved health system governance, Districts/Networks have the flexibility to determine the application and reconfiguration of resources between service streams that will best meet local needs and priorities. Districts/Networks are also responsible for determining the allocation of activity and budgets to its individual hospitals and other services, noting the state-wide priorities identified in Part A of this Service Agreement. The 2016/17 Revenue Budget for each District/Network results from normal price and volume increases as well as a performance factor and other amendments. The performance factor is based on;

Block Funded Hospitals. The calculation for Block Funded Hospitals’ transition grant is the difference between the overall funding calculated for your District’s small hospitals, and the aggregate projected cost for the District’s block funded small hospitals calculated based on your 2014/15 clinical costing results. The Treasury Managed Fund provides workers compensation, motor vehicle and property liability insurance cover for all reporting entities within NSW Health, including Districts/Networks. Networks Each year NSW Treasury sets an insurance benchmark budget for NSW Health which covers all of the insurance policies (i.e. workers compensation etc.) held on behalf of Districts and other reporting entities. The 2016/17 insurance TMF budget has resulted in an overall reduction for reporting entities across NSW Health. For some Districts/Networks, depending upon claims experience and wages, the budget reduction is matched by a reduction in the actual contribution payments for the 2016/17 year. Schedule C sets out the key budget elements linking activity and service streams to funding. In line with our the devolved health system governance, Districts/Networks have the flexibility to determine the application and reconfiguration of resources between service streams that will best meet local needs and priorities. Districts/Networks are also responsible for determining the allocation of activity and budgets to its individual hospitals and other services, noting the state-wide priorities identified in Part A of this Service Agreement. The 2016/17 Revenue Budget for each District/Network results from normal price and volume increases as well as a performance factor and other amendments. The performance factor is based on;

Block Funded Hospitals. The calculation for Block Funded Hospitals’ transition grant is the difference between the overall funding calculated for your District’s small hospitals, and the aggregate projected cost for the District’s block funded small hospitals calculated based on your 2014/15 clinical costing results. The Treasury Managed Fund provides workers compensation, motor vehicle and property liability insurance cover for all reporting entities within NSW Health, including Districts/Networks. Each year NSW Treasury sets an insurance benchmark budget for NSW Health which covers all of the insurance policies (i.e. workers compensation etc.) held on behalf of Districts and other reporting entities. The 2016/17 insurance TMF budget has resulted in an overall reduction for reporting entities across NSW Health. For some Districts/Networks, depending upon claims experience and wages, the budget reduction is matched by a reduction in the actual contribution payments for the 2016/17 year. Schedule C sets out the key budget elements linking activity and service streams to funding. In line with our the devolved health system governance, Districts/Networks have the flexibility to determine the application and reconfiguration of resources between service streams that will best meet local needs and priorities. Districts/Networks are also responsible for determining the allocation of activity and budgets to its individual hospitals and other services, noting the state-wide priorities identified in Part A of this Service Agreement. The 2016/17 Revenue Budget for each District/Network District results from normal price and volume increases as well as a performance factor and other amendments. The performance factor is based on;