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Cost analysis of a laboratory information system (LIS)
Journal of Medical Systems
|December 13, 1976
Summary
Building a hospital laboratory communication system is costly upfront. However, the cost per test is low, ranging from 13 to 17 cents, making it affordable for healthcare providers.
Area of Science:
- Healthcare Management
- Clinical Laboratory Science
- Health Economics
Background:
- Hospital laboratory communication systems involve significant initial investment.
- Accurate cost analysis is crucial for financial sustainability in healthcare settings.
Purpose of the Study:
- To determine the cost-effectiveness of a full hospital laboratory communication system.
- To analyze major cost centers and services provided within the laboratory.
Main Methods:
- An external audit of financial records was conducted.
- Expenses were categorized by major cost centers.
- Data were tabulated alongside services rendered.
Main Results:
- Initial expenditures for the system are substantial.
- The cost per laboratory test is estimated between $0.13 and $0.17.
- The cost per patient day ranges from $0.59 to $0.85.
Conclusions:
- Despite high initial costs, the operational cost per test is economically viable.
- The system offers a cost-effective solution for comprehensive laboratory services on a per-patient-day basis.