Hospital Cost Analysis

By: J. R. Butler

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416 Pages

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Hospital Cost Analysis provides an overview of theoretical developments in the economic analysis of production and costs in the multiproduct firm, and discusses these developments. Following a lucid explanation of the concepts of jointness, input/output separability and returns to scale, a detailed discussion of the concept measurement and classification of hospital output is provided. A fundamental dilemma confronting economists interested in estimating hospital cost functions is highlighted, viz. the trade-off between flexibility in functional form and homogeneity within hospital output categories. Empirical results on the effects of case mix, scale and utilisation, public/private ownership, and the centralised administration of hospital systems on hospital costs are presented. The implications of hospital cost analysis for public policy with respect to hospital payment schemes, including schemes based on Diagnosis Related Groups (DRGs), are also considered. This book brings together the literature on hospital cost analysis with theoretical developments in the analysis of the multiproduct cost functions. It will be of considerable interest to teachers and students of health economics and health policy advisers interested in the determinants of hospital costs and the design of hospital payment schemes.

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You Can Find This Book In

Non-Fiction Industry & Industrial Studies Medicine Medicine in General Health Systems & Services Medical Administration & Management Economics Microeconomics Econometrics Public Health & Preventive Medicine

List of Figures
List of Tables
Preface
Introduction	p. 1
The Economic Theory of Production and Cost in the Multiproduct Firm	p. 9
The Concept, Measurement and Classification of Hospital Output	p. 45
The Queensland Public Hospital System - An Overview	p. 87
The Effect of Case Mix on Hospital Costs - Evidence from Queensland	p. 101
The Effects of Scale, Utilisation and Input Prices on Hospital Costs - Evidence from Queensland	p. 171
A Comparison of the Costs of Teaching and Non-Teaching Public Hospitals in Queensland	p. 217
A Comparison of Public and Private Hospital Costs in Queensland	p. 249
A Comparison of Public Hospital Costs in Queensland and New South Wales	p. 273
A Hospital Performance Appraisal and Payment Scheme based on Estimated Cost Functions	p. 297
The DRG Hospital Payment Scheme: Some Economic Aspects	p. 331
Conclusions	p. 355
References	p. 363
Index of Names	p. 380
Index of Subjects	p. 386
Table of Contents provided by Blackwell. All Rights Reserved.

Hospital Cost Analysis

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