Cost modeling to justify technology acquisitions.
In an era of diminishing resources, healthcare providers must justify new technology acquisitions. Cost modeling is one method of evaluating the financial impact a technology acquisition will have on a healthcare facility or integrated delivery system. This methodology requires careful data collection and a thorough analysis of both current costs and future cost savings resulting from the new technology. By using a cost modeling methodology, providers will be able to achieve competitive and economic advantages by analyzing both cost and value.
Vanden Brink
J
J
Technology Marketing Group, Des Plaines, IL, USA.
Gray
S
S
D002201:Capital Expenditures; D003365:Costs and Cost Analysis / Q000379:methods*; D003625:Data Collection; D019033:Delivery of Health Care, Integrated / Q000191:economics; D006801:Humans; D018803:Models, Economic; D011873:Radiology Information Systems / Q000191:economics*; D013673:Technology Assessment, Biomedical / Q000191:economics*; D013675:Technology, High-Cost; D014481:United States