Sentence examples for resource allocation formulas from inspiring English sources
For these reasons, these "prior use of NHS funded care" variables have been excluded from similar resource allocation formulas internationally.
The aim of the "fair shares" resource allocation formula is the same as all resource allocation formulas used in the NHS since the 1970s to secure, through resource allocation, equal opportunity of access to healthcare for people at equal risk.
We followed the usual practice in the development and application of resource allocation formulas by including supply variables in the formula, since they help to predict costs, but then setting the value of the supply variables for each individual (including the primary care trust dummies) to a national mean value when calculating cost predictions.
The needs based resource allocation formula entails central Government allocating resources based on a mathematical formula that integrates need for health care.
Some of the merits of needs-based resource allocation formulae include that resources are allocated to areas of high priority, where they can secure the highest marginal health benefit.
Explicit resource allocation formulae hence ensure that the share of total resources allocated to an area is based on indicators of relative need for health care [ 2].
However, the decision to allocate a certain amount of resources to a particular health jurisdiction or facility may be based on a broader range of factors, sometimes not reflected in the existing resource allocation formula.
The district resource allocation formula applies only to the recurrent budget.
The district resource allocation formula in Malawi was recently reviewed to include stunting as a proxy measure of socioeconomic status.
In order to incorporate the asset index in a resource allocation formula, there is need to normalize the indices.
The four commonly used methods are: i) political patronage ii) historical allocations iii) bids by local governments and iv) needs-based resource allocation formulae [ 1].
