PMID- 26755477
OWN - NLM
STAT- MEDLINE
DCOM- 20160805
LR  - 20240325
IS  - 1916-9736 (Print)
IS  - 1916-9744 (Electronic)
IS  - 1916-9736 (Linking)
VI  - 8
IP  - 6
DP  - 2015 Nov 17
TI  - Cost Analysis of Selected Patient Categories Within A Dermatology Department 
      Using an ABC Approach.
PG  - 234-49
LID - 10.5539/gjhs.v8n6p234 [doi]
AB  - BACKGROUND: Present trends in hospital management are facilitating the 
      utilization of more accurate costing methods, which potentially results in 
      superior cost-related information and improved managerial decision-making. 
      However, the Activity-Based Costing method (ABC), which was designed for cost 
      allocation purposes in the 1980s, is not widely used by healthcare organizations. 
      This study analyzes costs related to selected categories of patients, those 
      suffering from psoriasis, varicose ulcers, eczema and other conditions, within a 
      dermatology department at a Czech regional hospital. METHODS: The study was 
      conducted in a hospital department where both inpatient and outpatient care are 
      offered. Firstly, the diseases treated at the department were identified. Further 
      costs were determined for each activity using ABC. The study utilized data from 
      managerial and financial accounting, as well as data obtained through interviews 
      with departmental staff. Using a defined cost-allocation procedure makes it 
      possible to determine the cost of an individual patient with a given disease more 
      accurately than via traditional costing procedures. RESULTS: The cost analysis 
      focused on the differences between the costs related to individual patients 
      within the selected diagnoses, variations between inpatient and outpatient 
      treatments and the costs of activities performed by the dermatology department. 
      Furthermore, comparing the costs identified through this approach and the revenue 
      stemming from the health insurance system is an option. CONCLUSIONS: 
      Activity-Based Costing is more accurate and relevant than the traditional costing 
      method. The outputs of ABC provide an abundance of additional information for 
      managers. The benefits of this research lie in its practically-tested outputs, 
      resulting from calculating the costs of hospitalization, which could prove 
      invaluable to persons involved in hospital management and decision-making. The 
      study also defines the managerial implications of the performed cost analysis for 
      the hospital management. Based on the analysis results, it is possible to 
      standardize activities and performance appraisal (Benchmarking), and provide all 
      necessary information for hospital budgeting practices, especially Activity-Based 
      Budgeting (ABB).
FAU - Papadaki, Sarka
AU  - Papadaki S
AD  - Faculty of Management and Economics, Tomas Bata University in Zlin. 
      papadaki@fame.utb.cz.
FAU - Popesko, Boris
AU  - Popesko B
LA  - eng
PT  - Journal Article
DEP - 20151117
PL  - Canada
TA  - Glob J Health Sci
JT  - Global journal of health science
JID - 101519495
SB  - IM
MH  - Costs and Cost Analysis/*methods/*statistics & numerical data
MH  - Czech Republic
MH  - Dermatology/*economics
MH  - Hospital Costs/*statistics & numerical data
MH  - Hospital Departments/*economics
MH  - Humans
PMC - PMC4954901
COIS- Conflict of Interest The authors declare that there is no conflict of interests 
      regarding the publication of this paper.
EDAT- 2016/01/13 06:00
MHDA- 2016/08/06 06:00
PMCR- 2016/07/01
CRDT- 2016/01/13 06:00
PHST- 2015/08/19 00:00 [received]
PHST- 2015/09/09 00:00 [accepted]
PHST- 2016/01/13 06:00 [entrez]
PHST- 2016/01/13 06:00 [pubmed]
PHST- 2016/08/06 06:00 [medline]
PHST- 2016/07/01 00:00 [pmc-release]
AID - GJHS-8-234 [pii]
AID - 10.5539/gjhs.v8n6p234 [doi]
PST - epublish
SO  - Glob J Health Sci. 2015 Nov 17;8(6):234-49. doi: 10.5539/gjhs.v8n6p234.