Cost-volume-profit analysis and expected benefit of health services: a study of cardiac catheterization services.
J Health Care Finance
; 37(3): 87-100, 2011.
Article
en En
| MEDLINE
| ID: mdl-21528836
ABSTRACT
AIM:
Academic research investigating health care costs in the Palestinian region is limited. Therefore, this study examines the costs of the cardiac catheterization unit of one of the largest hospitals in Palestine. We focus on costs of a cardiac catheterization unit and the increasing number of deaths over the past decade in the region due to cardiovascular diseases (CVDs).METHODS:
We employ cost-volume-profit (CVP) analysis to determine the unit's break-even point (BEP), and investigate expected benefits (EBs) of Palestinian government subsidies to the unit.RESULTS:
Findings indicate variable costs represent 56 percent of the hospital's total costs. Based on the three functions of the cardiac catheterization unit, results also indicate that the number of patients receiving services exceed the break-even point in each function, despite the unit receiving a government subsidy.CONCLUSIONS:
Our findings, although based on one hospital, will permit hospital management to realize the importance of unit costs in order to make informed financial decisions. The use of break-even analysis will allow area managers to plan minimum production capacity for the organization. The economic benefits for patients and the government from the unit may encourage government officials to focus efforts on increasing future subsidies to the hospital.
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Colección:
01-internacional
Banco de datos:
MEDLINE
Asunto principal:
Cateterismo Cardíaco
/
Unidades Hospitalarias
/
Hospitales Públicos
Tipo de estudio:
Health_economic_evaluation
/
Prognostic_studies
Límite:
Humans
País/Región como asunto:
Asia
Idioma:
En
Revista:
J Health Care Finance
Asunto de la revista:
SERVICOS DE SAUDE
Año:
2011
Tipo del documento:
Article
País de afiliación:
Estados Unidos