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Models for Determining Cost of Care and Length of Stay in Neonatal Intensive Care Units

Published online by Cambridge University Press:  10 March 2009

Babak Khoshnood ,
Kwang-Sun Lee ,
Maria Corpuz ,
Michael Koetting ,
Hui-Lung Hsieh  and
Beyong Ii Kim
Babak Khoshnood
Affiliation:
Wyler Children's Hospital and University of Chicago
Kwang-Sun Lee
Affiliation:
Wyler Children's Hospital and University of Chicago
Maria Corpuz
Affiliation:
Wyler Children's Hospital and University of Chicago
Michael Koetting
Affiliation:
Wyler Children's Hospital and University of Chicago
Hui-Lung Hsieh
Affiliation:
Wyler Children's Hospital and University of Chicago
Beyong Ii Kim
Affiliation:
Wyler Children's Hospital and University of Chicago
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Abstract

New models for determining the cost of care and length of stay in the neonatal intensive care unit (NICU) were developed using financial and clinical data from 588 admissions to our NICU. The model for determining costs explained 71% of the variability in total hospital costs. Models such as the ones developed in this study can be used to compare costs in different institutions, determine temporal trends in costs, and examine the financial impact of using new technologies. Such models can also be useful components of a rational prospective pricing system for the NICU.

Type
General Essays
Information
International Journal of Technology Assessment in Health Care , Volume 12 , Issue 1 , Winter 1996 , pp. 62 - 71
Copyright
Copyright © Cambridge University Press 1996

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