Resource Allocation and Priority Setting

Added on - 21 Feb 2021

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RESOURCE ALLOCATIONAND PRIORITY SETTING
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................11. Introduce independent agency to undertake priority setting in health care in Australia withspecific reason..............................................................................................................................12. What ethical values and principles guides resource allocation and priority setting................23. Define value and principles that underline priority setting of health in Australia...................34. Explain key issues in priority setting and contribution of economic theory and empiricalevidence.......................................................................................................................................3CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONHealth organisation is the one that requires to set the prioritise and allocate the resourceswithin the context of limit funding (Doherty, Kirigia and McIntyre, 2018). Thus, resources inhealth care sector defined as materials, personnel, facilities, funds etc.The present report is based on to resource allocation and priority setting. Furthermore,assignment will cover activities as to introduce independent agency to undertake priority settingin health care, the ethical values and principles that define by independent priority settingagency. Lastly, key issues in priority setting as well contribution of economic theory andempirical evidence.1. Introduce independent agency to undertake priority setting in health care in Australia withspecific reason.In Australia, independent agency needs to set up because it leads to have nationalimprovements of safety and quality in health care. Additionally, independent agency mustestablished in Australia to provide better and improve care facilities to patients. Thus, privatehealth care system are those that are owned and managed privately. Therefore, introduction ofindependent agency helps to undertake the priority of health care facilities within Australia.Hence, this also leads to provide better and effective services to treat patients with curative,preventive, rehabilitative and palliative care (Lai, Cheung and Fu, 2018.). Additionally,independent agency knows as primary federal agency that leads to improve access to health careservices mostly for individuals who are uninsured, medically vulnerable and isolated.To make Australia health system effective, there is need to establish Independent agencyto provide the safe and affordable health care facilities to all the Australians. Therefore, bettercommunication and cooperation leads to produces the successful team work and also facilitatethe delivery of professional services. Henceforth, Independent agency works as professionalpersonnel that will practice decision that are not impacted by the financial consideration or thebusiness agreements.In the present era, the most of health care organisation are not promoting better healthcare to individuals. Therefore, improper look of legal authorities on internal functioning ofhealthcare facilities affects health care services to patients. In order to cope up with it, this iscrucial to have independent agency to look-over the operational requirements of health sector.1
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