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Related Experiment Videos

Functional value analysis of a physiotherapy department.

D A Calder, J Swinamer

    Physiotherapy Canada. Physiotherapie Canada
    |April 11, 1980
    PubMed
    Summary

    Functional Value Analysis (FVA) helps physiotherapy managers reduce costs. This method identified over $267,000 in potential savings for a hospital department facing budget constraints.

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    Area of Science:

    • Health Services Management
    • Physiotherapy
    • Healthcare Economics

    Background:

    • Rising healthcare expenditures and increased demand for physiotherapy services challenge departmental budgets.
    • Physiotherapy managers must balance service provision with financial limitations.
    • Hospitals face pressure to identify cost-saving measures.

    Purpose of the Study:

    • To introduce Functional Value Analysis (FVA) as a methodology for physiotherapy departments.
    • To demonstrate FVA's utility in analyzing departmental costs and identifying savings.
    • To provide a tool for managers to maintain services under financial constraints.

    Main Methods:

    • Functional Value Analysis (FVA) was applied to a physiotherapy department in October 1978.
    • The FVA process involved analyzing departmental activities to determine costs.
    • Cost-saving ideas were generated and prioritized through the FVA study.

    Main Results:

    • The physiotherapy department's annual budget was $615,960.
    • The FVA study identified documented cost-saving ideas totaling $267,346.
    • These savings represented a significant portion of the department's operational costs.

    Conclusions:

    • Functional Value Analysis (FVA) is an effective tool for physiotherapy managers to reduce costs.
    • FVA enables organized and logical cost reduction in healthcare departments.
    • Implementing FVA can help departments maintain service levels despite budgetary limitations.

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