Per-minute charge system: defining a plan.
Hospitals need to ensure that their costs align with their charges. One hospital overhauled its surgical services chargemaster, switching to a per-minute charge system to capture all costs. The result was improved operating margins, more transparent and defensible prices, and the ability to better analyze productivity.
Poworoznek
Lisa J
LJ
FF Thompson Hospital, Canandaigua, N.Y., USA. lisa.poworoznek@thompsonhealth.org
D004469:Economics, Hospital / Q000458:organization & administration*; D017598:Efficiency, Organizational; D005249:Fees and Charges; D005377:Financial Management, Hospital / Q000458:organization & administration