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An explicit cost is a direct payment made to others in the course of running a business, such as wage, rent and materials, [1] as opposed to implicit costs, where no actual payment is made. [2] It is possible still to underestimate these costs, however: for example, pension contributions and other "perks" must be taken into account when ...
Increasing or decreasing one results in changes to one or both of the other two. For example, a policy that increases access to health services would lower quality of health care and/or increase cost. The desired state of the triangle, high access and quality with low cost represents value in a health care system. [3]
Assembly Bill 774 was introduced to prevent hospital overcharging and other abusive collection practices. The legislation was opposed by the California Hospital Association. In 2004, Governor Arnold Schwarzenegger vetoed the bill, stating that voluntary guidelines adopted by hospitals to protect the uninsured were sufficient. [11]
For example, it has been estimated that cost shifting has amounted to $455 per individual, or $1,186 per family, in California annually. [ 12 ] However, because of the recent influence of managed care and other cost control initiatives by insurance companies, hospitals are less able to shift costs, and they end up writing off more and more in ...
Health technology assessment (HTA) is a multidisciplinary process that uses systematic and explicit methods to evaluate the properties and effects of a health technology. [1] Health technology is conceived as any intervention ( test , device , medicine , vaccine , procedure , program ) at any point in its lifecycle ( pre-market , regulatory ...
The Hospital Insurance and Diagnostic Services Act (French: Loi sur l’assurance-hospitalisation et les services diagnostiques, [1] HIDS) is a statute passed by the Parliament of Canada in 1957 that reimbursed one-half of provincial and territorial costs for hospital and diagnostic services administered under provincial and territorial health insurance programs.
The adjusted average cost per patient would reflect the charges reported for the types of cases treated in that year. If a hospital has a CMI greater than 1.00, their adjusted cost per patient or per day will be lower and conversely, if a hospital has a CMI less than 1.00, their adjusted cost will be higher. Example:
For example, 'parents / carers are involved in negotiating or planning their child's care'. A standard is the threshold of the expected compliance for each criterion (these are usually expressed as a percentage). For the above example an appropriate standard would be: 'There is evidence of parent / carer in care planning in 90% of cases'.