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The Australian Hospital Patient Costing Standards (AHPCS) provide direction for hospital patient costing through the development of standards for specific elements of the costing process and reporting requirements.
The AHPCS have been updated to reflect the changes in the Australian Accounting Standards Board 16 (AASB 16), which were introduced on 1 July 2019.
The AHPCS Version 4.1 comprises of:
IHPA has developed a robust set of standard costs for the revised List of standard items associated with conducting clinical trials in Australia.