Comparison of Healthcare Finance Structure of Australia with UK and US

Running head: NURSING
Nursing
Name of the Student
Name of the University
Author Note

1NURSING
Executive Summary
The Organization of Economic Co-Operation and Development (OECD) is an international
organization that helps in framing of the global policies for improving overall well-being of
the global population. Comparison of healthcare finance structure of the Australia with the
UK and the US have highlighted that Australia has lowest record of the overall length of stay
in the hospital in comparison to the UK and the US while the US has high financial;
transduction in healthcare. Like in the UK and in the US, both the non-government and
government organizations are spending for healthcare while in Australia though the funding
in healthcare has increased but significant portion is coming from the governmental
organization. The pharmaceutical benefits act (PBA) is unique to Australian healthcare but it
is also increasing the use of over the counter medication (opioid) and thus increasing the
healthcare cost further. The Australian Government with might come forward with proper
policy in order to improve proper resource planning and allocation in order to increase the
healthcare scenario.

2NURSING
Table of Contents
Introduction................................................................................................................................3
Compare and Contrast: Financially............................................................................................3
Key performance of healthcare under the financial structure....................................................5
Recommendation........................................................................................................................6
Conclusion..................................................................................................................................7
References..................................................................................................................................8