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Article: Hospital Cost Analysis.
- Article from:
- Journal of Risk and Insurance
- Article date:
- December 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 American Risk and Insurance Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Reviewer: Richard PonArul, California State University, Chico
Hospital Cost Analysis provides a comprehensive treatment of the topic, starting with the necessary theoretical foundations and followed by empirical work with data from hospitals in Queensland, Australia. The book is self-contained in its exposition and should be accessible to anyone with a rudimentary knowledge of economics and statistics.
Estimation of cost per unit of output for hospitals becomes necessary for assessing their operational efficiency as well as for the determination of output-based payments from the government. How exactly should the output of a hospital be defined and measured? ...