The Independent Hospital Pricing Authority (IHPA) is an independent statutory authority established under Commonwealth legislation on 15 December 2011 as part of the National Health Reform Agreement (NHRA) reached by the Council of Australian Governments (COAG) in August 2011.

IHPA established in December 2011 gives independent and transparent advice in relation to funding for public hospitals by determining the national efficient price for health care services provided by public hospitals and publishing this and other information in a report each year.

As part of Activity Based Funding the IHPA has been given responsibility for relevant data collections. These collections and specifications have been agreed by a number of working groups in collaboration with IHPA.