Term: Costing Hospital Care

Glossary Definition

Last Updated: 2005-11-21

Definition:

The general activity of attempting to assess and compare the cost efficiency of different hospitals. One method uses available financial information on case mix adjusted charge data to determine Relative Case Weights (RCW). Another method uses the Management Information System (MIS), developed by the Canadian Institute for Health Information (CIHI).

Related concepts 

• Hospital Costing in the 1990's

Related terms 

• Case Mix
• Management Information System (MIS)
• Relative Case Weights (RCW)

References 

• Finlayson G, Nowicki D, Roos NP, Shanahan M, Black C. Hospital Case-Mix Costing Project: Using the Manitoba Management Information System: A first step. Winnipeg, MB: Manitoba Centre for Health Policy and Evaluation, 1999. [Report] [Summary] (View)
• Finlayson G, Roos NP, Jacobs P, Watson D. Using the Manitoba Hospital Management Information System: Comparing Average Cost Per Weighted Case and Financial Ratios of Manitoba Hospitals. The Next Step. Winnipeg, MB: Manitoba Centre for Health Policy and Evaluation, 2001. [Report] [Summary] (View)
• Shanahan M, Lloyd M, Roos NP, Brownell M. Hospital Case Mix Costing Project 1991/92. Winnipeg, MB: Manitoba Centre for Health Policy and Evaluation, 1994. [Report] (View)