Value in acute care surgery, Part 1: Methods of quantifying cost

R. Shayn Martin; Erica L.W. Lester; Samuel W. Ross; Kimberly A. Davis; L. R.Tres Scherer; Joseph P. Minei; Kristan L. Staudenmayer

doi:10.1097/TA.0000000000003419

Value in acute care surgery, Part 1: Methods of quantifying cost

R. Shayn Martin, Erica L.W. Lester, Samuel W. Ross, Kimberly A. Davis, L. R.Tres Scherer, Joseph P. Minei, Kristan L. Staudenmayer

Research output: Contribution to journal › Review article › peer-review

2 Scopus citations

Abstract

BACKGROUND: With health care expenditures continuing to increase rapidly, the need to understand and provide value has become more important than ever. In order to determine the value of care, the ability to accurately measure cost is essential. The acute care surgeon leader is an integral part of driving improvement by engaging in value increasing discussions. Different approaches to quantifying cost exist depending on the purpose of the analysis and available resources. Cost analysis methods range from detailed microcosting and time-driven activity-based costing to less complex gross and expenditure-based approaches. An overview of these methods and a practical approach to costing based on the needs of the acute care surgeon leader is presented. (J Trauma Acute Care Surg. 2022;92: e1–e9.

Original language	English (US)
Pages (from-to)	E1-E9
Journal	Journal of Trauma and Acute Care Surgery
Volume	92
Issue number	1
DOIs	https://doi.org/10.1097/TA.0000000000003419
State	Published - Jan 1 2022

Keywords

Costing
Healthcare costs
Microcosting
Time-driven activity-based costing

ASJC Scopus subject areas

Surgery
Critical Care and Intensive Care Medicine

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10.1097/TA.0000000000003419

Cite this

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title = "Value in acute care surgery, Part 1: Methods of quantifying cost",

abstract = "BACKGROUND: With health care expenditures continuing to increase rapidly, the need to understand and provide value has become more important than ever. In order to determine the value of care, the ability to accurately measure cost is essential. The acute care surgeon leader is an integral part of driving improvement by engaging in value increasing discussions. Different approaches to quantifying cost exist depending on the purpose of the analysis and available resources. Cost analysis methods range from detailed microcosting and time-driven activity-based costing to less complex gross and expenditure-based approaches. An overview of these methods and a practical approach to costing based on the needs of the acute care surgeon leader is presented. (J Trauma Acute Care Surg. 2022;92: e1–e9.",

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AU - Martin, R. Shayn

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AU - Ross, Samuel W.

AU - Davis, Kimberly A.

AU - Scherer, L. R.Tres

AU - Minei, Joseph P.

AU - Staudenmayer, Kristan L.

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N2 - BACKGROUND: With health care expenditures continuing to increase rapidly, the need to understand and provide value has become more important than ever. In order to determine the value of care, the ability to accurately measure cost is essential. The acute care surgeon leader is an integral part of driving improvement by engaging in value increasing discussions. Different approaches to quantifying cost exist depending on the purpose of the analysis and available resources. Cost analysis methods range from detailed microcosting and time-driven activity-based costing to less complex gross and expenditure-based approaches. An overview of these methods and a practical approach to costing based on the needs of the acute care surgeon leader is presented. (J Trauma Acute Care Surg. 2022;92: e1–e9.

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Value in acute care surgery, Part 1: Methods of quantifying cost

Abstract

Keywords

ASJC Scopus subject areas

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