Journal of the Operational Research Society · 1980 · 32 citations · 3 references
Health ProfessionsHealth PolicyHealth Services AdministrationHealth EconomicsHealthcare EconomicsHospital AdministrationEconomic EvaluationHealth Care CostsHealthcare Cost AnalysisHospital EconomicsHospital PolicyModel-based Economic EvaluationHealthcare Cost ConsiderationHospital Expenditure AnalysisHospital Policy EvaluationHospitalization CostsMedical Cost Analysis
The paper describes the development of a model of hospital inpatient costs. The model has three components; overhead, hotel and treatment costs. The size of each component is estimated using regression on historical hospital cost and activity data. It is argued that, for certain types of policy analysis, the model provides a better picture of hospital costs than do conventional accounting methods. The application of the model to a number of policy issues is described.
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