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Monthly multidisciplinary complex spine conference: a cost-analysis utilizing time-driven activity-based costing

Purpose To understand costs and provide an initial framework associated with conference implementation as it pertains to complication prevention. Methods Team members' time spent on conference preparation, presentation, and follow-up tasks was recorded and averaged to determine the time require...

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Bibliographic Details
Published in:Spine deformity 2024-03, Vol.12 (2), p.433-442
Main Authors: Sethi, Rajiv, Louie, Philip, Bansal, Aiyush, Gilbert, Michelle, Nemani, Venu, Leveque, Jean-Christophe, Drolet, Caroline E., Ohlson, Brooks, Kronfol, Richard, Strunk, Joseph, Cornett-Gomes, Kelly, Friedman, Andrew, LeFever, Devon
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Language:English
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Summary:Purpose To understand costs and provide an initial framework associated with conference implementation as it pertains to complication prevention. Methods Team members' time spent on conference preparation, presentation, and follow-up tasks was recorded and averaged to determine the time required to prepare and present one patient. Using 2022 hourly wage rates based on our urban hospital setting, wage values were calculated for each personnel type and applied to their time spent. The total cost of the conference was annualized and calculated from the time spent in the three phases of the conference multiplied by the wage rate. Published data on complication rates and associated costs before and after conference implementation were used to calculate total cost reduction. Results With 3 active spine surgeons and 108 patients per year, the total time investment was 104.04 min per patient, costing $21,791 annually. Total RN equivalent value per patient was 5.25 for all three phases. Using a historical model, this multidisciplinary approach for adult spinal deformity reduced complications by 51% at 30 days, resulting in cost savings of $418,518 per year. Thus, the model demonstrates that implementation of this approach resulted in a potential total savings of $396,726/year. Conclusion Implementing a cost-saving tool for managing complex spinal disorders is a responsibility of the spine team, who should lead a multidisciplinary conference. The combination of TDABC and lean methodology can effectively demonstrate the variable costs associated with this multidisciplinary effort and models provide evidence of potential cost-savings when applied to a multidisciplinary adult spinal deformity conference. These findings should encourage clinicians and administrators to allocate resources to improve patient care by reducing complications and costs.
ISSN:2212-134X
2212-1358
DOI:10.1007/s43390-023-00798-4