This article describes an alternative hospital accounting framework outlining the cost of a quality model which can better incorporate the broader societal cost of HAIs into the provider perspective” Scott et al (2019).
Abstract:
The economic impacts from preventing health care-associated infections (HAIs) can differ for patients, health care providers, third-party payers, and all of society. Previous studies from the provider perspective have estimated an economic burden of approximately $10 billion annually for HAIs. The impact of using a societal cost perspective has been illustrated by modifying a previously published analysis to include the economic value of mortality risk reductions. The resulting costs to society from HAIs exceed $200 billion annually. This article describes an alternative hospital accounting framework outlining the cost of a quality model which can better incorporate the broader societal cost of HAIs into the provider perspective.
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Reference:
Scott, R.D.II, Culler, S.D. and Rask, K.J. (2019) Understanding the Economic Impact of Health Care-Associated Infections: A Cost Perspective Analysis. Journal of Infusion Nursing. 42(2), p.61–69.
doi: 10.1097/NAN.0000000000000313