Developing hospital efficiency-cost control measures.
The purpose of this paper is to provide hospital managers with important knowledge and skills in developing efficiency measures that hospital can use as guidelines in monitoring and controlling operational costs. Efficiency measures are judgmental and comparative. Cost and quantity are the variables in the computation of efficiency measures but it is very important to integrate these variables with quality. A hospital is efficient if it can render quality service at the most cost effective manner.
Pena
Alberto D
AD
Office of International Studies and Programs (OISP), Illinois State University, Normal, Illinois 61790-6120, USA.
Ndiaye
Momar
M
D000066:Accounting; D002017:Budgets; D002201:Capital Expenditures; D003361:Cost Allocation; D003363:Cost Control; D003362:Cost-Benefit Analysis; D017598:Efficiency, Organizational / Q000191:economics*; D005377:Financial Management, Hospital / Q000379:methods*; D017408:Guidelines as Topic; D006739:Hospital Administration / Q000592:standards*; D017721:Hospital Costs; D011785:Quality Assurance, Health Care