The New South Wales government has allocated an additional $1 billion to the state's health system as part of the latest budget announcement.
The extra funding takes the total health budget to $18.3 billion – 5.4 per cent higher than the previous year – and will provide for 50,000 more emergency department presentations and 30,000 additional acute inpatient services.
According to state minister for health Jillian Skinner, $10 million will be allocated to improve palliative care and pain management services, as well as $1 million for additional cochlear implants.
"The O'Farrell Government continues to give priority to frontline health services," Mrs Skinner said.
"We are doing this by investing record amounts to provide quality and timely treatment for patients and by putting many millions of dollars into upgrading hospitals that have been let run down."
Whilst the substantial investment may be able to benefit public patients, New South Wales residents with private health insurance will still enjoy the flexibility of shorter treatment times and being seen by a doctor of their own choice by choosing a private hospital that is close to them.
Public hospitals across the state will move to the new Activity Based Funding model from July 1, which aims to provide a more transparent basis for funding and comparing hospital costs.