ARC Future Fellowships - Grant ID: FT170100401

Funding Activity

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Funded Activity Summary

Improving productivity: theory and application to Australian hospitals. This project aims to improve existing methods for analysing productivity and efficiency of organisations. The new methods will be applied to Australian hospitals, to analyse their productivity and efficiency, identify the best-practices and their determinants and recommend improvements and necessary reforms. The high level of healthcare costs in Australia, about 5 percent of gross domestic product, as well as their rapid and accelerating growth, imply that application of methods developed through this project may save billions of dollars and, more importantly, thousands of lives. An expected outcome of this project will be superior theoretical and practical methods for analysing productivity and efficiency of economic systems, to enhance understanding of the potential for improvements and of the necessary reforms.

Funded Activity Details

Start Date: 01-11-2017

End Date: 31-12-2023

Funding Scheme: ARC Future Fellowships

Funding Amount: $944,000.00

Funder: Australian Research Council