Max Rady College of Medicine
Term: Micro-Costing
Glossary Definition
Last Updated: 2005-11-28
Definition:
One of two common ways to estimate health care costs. Resources used by a specific patient are identified, traced to the patient and valued at a typical unit cost or price. It requires detailed knowledge of how individual patients are treated and cannot necessarily be generalized to other patients. Also called "bottom-up costing".
Related concepts
Related terms
References
- Jacobs P, Shanahan M, Roos NP, Farnworth M. Cost List for Manitoba Health Services. Winnipeg, MB: Manitoba Centre for Health Policy and Evaluation, 1999. [Report] [Summary] (View)
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