Description |
xxii, 393 pages : illustrations ; 25 cm |
Series |
Developments in health economics and public policy ; v. 3 |
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Developments in health economics and public policy ; v. 3
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Contents |
1. Introduction -- 2. The Economic Theory of Production and Cost in the Multiproduct Firm -- 3. The Concept, Measurement and Classification of Hospital Output -- 4. The Queensland Public Hospital System - An Overview -- 5. The Effect of Case Mix on Hospital Costs - Evidence from Queensland -- 6. The Effects of Scale, Utilisation and Input Prices on Hospital Costs - Evidence from Queensland -- 7. A Comparison of the Costs of Teaching and Non-Teaching Public Hospitals in Queensland -- 8. A Comparison of Public and Private Hospital Costs in Queensland -- 9. A Comparison of Public Hospital Costs in Queensland and New South Wales -- 10. A Hospital Performance Appraisal and Payment Scheme based on Estimated Cost Functions -- 11. The DRG Hospital Payment Scheme: Some Economic Aspects -- 12. Conclusions |
Summary |
Hospital Cost Analysis provides an overview of theoretical developments in the economic analysis of production and cost 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), and also considered |
Analysis |
Health services Economics |
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Health services Economics |
Notes |
Includes index |
Bibliography |
Includes bibliographical references (pages [363]-379) and indexes |
Subject |
Hospitals -- Cost of operation -- Econometric models.
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Hospitals -- Australia -- Cost of operation -- Case studies.
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Hospital Costs.
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Hospital Charges.
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Hospitals.
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Models, Econometric.
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SUBJECT |
Australia. https://id.nlm.nih.gov/mesh/D001315 |
LC no. |
94041366 |
ISBN |
0792332474 |
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