Journal article
Time-driven activity-based costing to model the utility of parallel induction redesign in high-turnover operating lists
J Basto, R Chahal, B Riedel
Healthcare | ELSEVIER | Published : 2019
Abstract
Background: Value-based healthcare is strongly advocated to reduce the spiralling rise in healthcare expenditure. Operating room efficiency is an important focus of value-based healthcare delivery due to high costs and associated hospital revenue derived from procedural streams of care. A parallel induction design, utilising induction rooms for anesthetising patients, may improve operating room efficiency and optimise revenue. We used time-driven activity-based costing (TDABC) to model personnel costs for a high-turnover operating list to assess value of parallel induction redesign. Methods: We prospectively captured activity data from high-turnover surgery allocated to induction of anesthes..
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Funding Acknowledgements
The authors would like to thank the operating theatre staff of the Peter MacCallum Cancer Centre (trial assistance); Prof. Thomas Feeley and Prof. Franklin Dexter (consultation), Ariel Tong and Clinton Kitt (financial data collection); the Melbourne Clinical and Translational Sciences research platform (health economics grant support), and the reviewers of Healthcare: The Journal of Delivery Science and Innovation for their contribution to this research.