Transparency and accountability in public hospital funding

Our five key objectives guide the NHFB in fulfilling our purpose and creating value for stakeholders.

Objectives:

• Accurate and timely calculation of Commonwealth funding contributions
• Best-practice financial administration of the National Health Funding Pool
• Effective reporting of public hospital funding
• Productive relationships with stakeholders and partners
• Operate as a high-performing organisation

Sound risk management supports better decisions, helps us deliver objectives, and strengthens governance.

Key points:

• Our Risk Management Instructions and Risk Tolerance guide oversight and internal controls
• Documents are reviewed annually to ensure appropriate risk management

Our shared behaviours help us work together effectively and achieve our objectives.

Behaviours:

• One NHFB
• Enhance trust
• Open communication
• Own it