“We performed a contingent valuation survey to elicit the opportunity cost of bed-days consumed by healthcare-associated infections in 11 European hospitals.” Stewardson et al (2014).
Reference:
Stewardson, A.J., Harbarth, S. and Graves, N. (2014) Valuation of Hospital Bed-Days Released by Infection Control Programs: A Comparison of Methods. Infection Control and Hospital Epidemiology. 35(10), p.1294-1297.
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Abstract:
We performed a contingent valuation survey to elicit the opportunity cost of bed-days consumed by healthcare-associated infections in 11 European hospitals. The opportunity cost of a bed-day was significantly lower than the accounting cost; median values were €72 and €929, respectively (P < .001). Accounting methods overestimate the opportunity cost of bed-days.
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