Term: Funding Formula

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Glossary Definition

Last Updated: 2007-09-26

Definition:

A formula that is used to determine how much money a region will receive from the government for providing health services. Mustard and Derksen (1997) developed a needs-based funding formula for the Regional Health Authorities, based on a region's case mix and demographic profile.

Related terms 

• Blended Rate
• Needs Based Funding
• Regional Funding
• Regional Health Authority (RHA)

References 

• Deber RB, Forget E, Roos LL. Medical savings accounts in a universal system: Wishful thinking meets evidence. Health Policy 2004;70(1):49-66. [Abstract] (View)
• Mustard CA, Derksen S. A Needs-Based Funding Methodology for Regional Health Authorities: A Proposed Framework. Winnipeg, MB: Manitoba Centre for Health Policy and Evaluation, 1997. [Report] [Summary] (View)