A patient mix model for hospital financial planning.
A linear programming model was formulated to examine the impact on hospital finances and resource use of changes in patient mix under current and proposed government reimbursement regulations. The model specifically incorporated the costs, revenues, and resource consumption patterns associated with patients drawn from different intensity level and payer class combinations. The necessary data were obtained from financial reports and other records, and the model was used in policy analysis at a major university teaching hospital.
D003365:Costs and Cost Analysis; D003953:Diagnosis-Related Groups; D004180:Direct Service Costs; D005376:Financial Management; D005377:Financial Management, Hospital; D006296:Health Services / Q000706:statistics & numerical data; D006748:Hospital Departments / Q000706:statistics & numerical data; D007182:Income; D008433:Mathematics; D008962:Models, Theoretical; D012051:Reimbursement Mechanisms; D014481:United States