Term: Marginal Cost

Glossary Definition

Last Updated: 2005-11-21

Definition:

The cost of an additional day of care in hospital, after the trim point of the Average Length of Stay has been reached.

Related terms 

• Average Length of Stay (ALOS)
• Case Weight Development
• Hospital Marginal Costs Per Diem
• Refined Diagnosis Related Groups (RDRG®)
• Trim Point

References 

• Lloyd M, Shanahan M, Brownell M, Roos NP. Hospital Case Mix Costing Project 1991/92: Methodological Appendix. Winnipeg, MB: Manitoba Centre for Health Policy and Evaluation, 1995. [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)