National Healthcare Agreement: P67-Capital expenditure on health and aged care facilities as a proportion of capital consumption expenditure on health and aged care facilities, 2010
Identifying and definitional attributes
Metadata item type:
Capital expenditure on health and aged care facilities as a proportion of capital consumption expenditure on health and aged care facilities, 2010
Health, Superseded 08/06/2011
Government funded capital expenditure on publicly-owned health and aged care facilities as a proportion of government funded capital consumption expenditure on publicly-owned health and aged care facilities.
As defined by the Australian Bureau of Statistics (ABS) Government Finance Statistics - see ABS publication Australian System of Government Finance Statistics: Concepts, Sources and Methods 2005 (ABS cat. no. 5514.0).
Limited to government expenditure on publicly-funded facilities.
Numerator ÷ Denominator
Government gross fixed capital formation on publicly owned health and aged care facilities
Numerator data elements:
Government funded capital consumption expenditure on publicly owned health and aged care facilities
Denominator data elements:
Disaggregation data elements:
Specified disaggregation: State/territory.
Available disaggregation: State/territory.
2008-09 data will be available in April 2010.
Most recent data available for 2010 CRC baseline report: 2007-08
Specification: Interim. Greater standardisation of definitions required—particularly the asset capitalisation cut-off value. Add new data item on capital expenditure to the existing Government Health Expenditure National Minimum Data Set (NMDS); consult regarding scope and inclusions.
Other issues caveats:
The ideal indicator in this area is a measure of the total real value of the capital stock and its change over time, and the average age of capital equipment. It is possible to develop such a measure over time, but because of inconsistencies in accounting practices between jurisdictions and across the private and public sectors, it is difficult to develop a measure which is comparable.