The association of willingness-to-pay and patient attributes : a cost-volume-profit analysis of cardiac catheter unit services in Ramallah Hospital, Palestine
The purpose of this study is to examine the association of willingness-to-pay and patient attributes in relation to the multi-service cost-volume-profit structure of a cardiac catheter unit in Ramallah Hospital. This article contributes to the literature by providing primary evidence on patient willingness-to-pay, by identifying the specific break-even parameters of three hospital cardiac catheter unit service types (diagnosis, balloon, and pacemaker), and by demonstrating the cross-subsidization of patient income groups that is inherent in the existing hospital rate structure. Our results provide information useful for (1) evidence-based policy making with respect to hospital rate setting and cross-subsidies of patient income groups; (2) the advancement of hospital management, by demonstrating the estimated variable and fixed cost parameters and the impact of patient revenue mix on the profitability of cardiac catheter unit services; and (3) the advancement of theory, by documenting the relationship of patient demand and the cost of supply in a multi-patient-group, multi-service hospital setting.
| Medienart: |
Artikel |
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| Erscheinungsjahr: |
2009 |
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| Erschienen: |
2009 |
| Enthalten in: |
Zur Gesamtaufnahme - volume:35 |
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| Enthalten in: |
Journal of health care finance - 35(2009), 3 vom: 08., Seite 59-79 |
| Sprache: |
Englisch |
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| Beteiligte Personen: |
Jabr, Samer F K [VerfasserIn] |
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| Themen: |
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| Anmerkungen: |
Date Completed 17.12.2009 Date Revised 15.11.2012 published: Print Citation Status MEDLINE |
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| Förderinstitution / Projekttitel: |
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| PPN (Katalog-ID): |
NLM192625888 |
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| 100 | 1 | |a Jabr, Samer F K |e verfasserin |4 aut | |
| 245 | 1 | 4 | |a The association of willingness-to-pay and patient attributes |b a cost-volume-profit analysis of cardiac catheter unit services in Ramallah Hospital, Palestine |
| 264 | 1 | |c 2009 | |
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| 500 | |a Date Completed 17.12.2009 | ||
| 500 | |a Date Revised 15.11.2012 | ||
| 500 | |a published: Print | ||
| 500 | |a Citation Status MEDLINE | ||
| 520 | |a The purpose of this study is to examine the association of willingness-to-pay and patient attributes in relation to the multi-service cost-volume-profit structure of a cardiac catheter unit in Ramallah Hospital. This article contributes to the literature by providing primary evidence on patient willingness-to-pay, by identifying the specific break-even parameters of three hospital cardiac catheter unit service types (diagnosis, balloon, and pacemaker), and by demonstrating the cross-subsidization of patient income groups that is inherent in the existing hospital rate structure. Our results provide information useful for (1) evidence-based policy making with respect to hospital rate setting and cross-subsidies of patient income groups; (2) the advancement of hospital management, by demonstrating the estimated variable and fixed cost parameters and the impact of patient revenue mix on the profitability of cardiac catheter unit services; and (3) the advancement of theory, by documenting the relationship of patient demand and the cost of supply in a multi-patient-group, multi-service hospital setting | ||
| 650 | 4 | |a Journal Article | |
| 700 | 1 | |a Younis, Mustafa Mike Z |e verfasserin |4 aut | |
| 700 | 1 | |a Forgione, Dana A |e verfasserin |4 aut | |
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