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Activity-based cost analysis in catheter-based angiography and interventional radiology
R Rautio1, L Keski-Nisula, T Paakkala
1Department of Radiology, Turku University Hospital, Kiinanmyllynkatu 4-8, 20520 Turku, Finland.
European Radiology
|August 28, 2003
Summary
This study analyzed interventional radiology costs, finding material expenses dominate, especially for complex endovascular treatments like aortic aneurysm repair. Activity Based Cost analysis proved effective for understanding these financial factors.
Area of Science:
- Medical Economics
- Interventional Radiology
- Health Services Research
Background:
- Interventional radiology procedures are increasingly common, necessitating accurate cost analysis.
- Understanding cost drivers is crucial for resource allocation and financial management in healthcare settings.
Purpose of the Study:
- To analyze the operational costs of an interventional radiology unit.
- To identify specific cost factors associated with catheter-based angiographies and interventional procedures.
Main Methods:
- Activity Based Cost (ABC) analysis was employed to dissect costs.
- Data from 2968 procedures in 1999 at Tampere University Hospital were analyzed.
Main Results:
- Material costs constituted the largest portion (67%) of the unit's budget.
- Aortic aneurysm endografting (5291 Euro) and cerebral aneurysm embolization (4472 Euro) were the most expensive procedures.
- High-cost materials, particularly for advanced endovascular treatments, significantly impacted overall expenses.
Conclusions:
- Material costs are the primary driver of expenses in interventional radiology.
- Activity Based Cost analysis is a suitable method for evaluating costs in this medical field.