title: How Cleveland Clinic used TDABC to improve value.
abstract: Cleveland Clinic partnered with Harvard Business School to conduct a pilot project to explore the differences between time-driven activity-based costing (TDABC) and relative value unit costing. The goal was to determine whether TDABC could improve the accuracy of cost information and identify value-improvement opportunities for two types of heart-value procedures. Using TDABC, leaders gained a detailed look into process steps that could be consolidated, reduced, or performed with a lower cost mix of personnel.
authors: Christopher J
authors: CJ
authors: Donovan
authors: Mike
authors: M
authors: Hopkins
authors: Benjamin M
authors: BM
authors: Kimmel
authors: Stephanie
authors: S
authors: Koberna
authors: Carrie A
authors: CA
authors: Montie
mesh_terms: D006348:Cardiac Surgical Procedures / Q000191:economics* / Q000379:methods; D003361:Cost Allocation / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D006351:Heart Valves / Q000601:surgery*; D006801:Humans; D009820:Ohio; D019982:Organizational Case Studies; D010865:Pilot Projects; D013647:Task Performance and Analysis; D013997:Time Factors; D062505:Value-Based Purchasing