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

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 one...

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Bibliographic Details
Published in:International journal of technology assessment in health care 1996, Vol.12 (1), p.62-71
Main Authors: Khoshnood, Babak, Lee, Kwang-Sun, Corpuz, Maria, Koetting, Michael, Hsieh, Hui-Lung, Kim, Beyong Ii
Format: Article
Language:English
Subjects:
Anesthesia. Intensive care medicine. Transfusions. Cell therapy and gene therapy
Biological and medical sciences
Chicago
Emergency and intensive care: techniques, logistics
General Essays
Hospital Costs - statistics & numerical data
Humans
Infant, Newborn
Intensive care medicine
Intensive care unit. Emergency transport systems. Emergency, hospital ward
Intensive Care Units, Neonatal - economics
Length of Stay - economics
Length of Stay - statistics & numerical data
Logistic Models
Medical sciences
Models, Economic
Retrospective Studies
Statistics, Nonparametric
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Summary: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.
ISSN:0266-4623
1471-6348
DOI:10.1017/S0266462300009399