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A tree-structure model for analyzing laboratory test costs.

L Burnett1

  • 1Department of Clinical Chemistry, Westmead Hospital, NSW, Australia.

Pathology
|April 1, 1991
PubMed
Summary
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This study introduces a new costing model for clinical laboratory tests, breaking down expenses into organizational overhead, per-request costs, and per-test analytical costs. This method accurately calculates true test costs and optimizes laboratory efficiency.

Area of Science:

  • Clinical laboratory management
  • Health economics
  • Cost accounting

Background:

  • Accurate costing of clinical laboratory tests is crucial for financial management and resource allocation.
  • Existing methods may not fully capture the complexity of laboratory expenses, leading to potential under or overestimation of true costs.

Purpose of the Study:

  • To develop and describe a novel method for the comprehensive costing of clinical laboratory tests.
  • To enable the accurate determination of true costs per test, considering all contributing factors.
  • To facilitate the optimization of laboratory test frequencies and workloads.

Main Methods:

  • A three-component costing model was developed: organizational overhead cost, cost per episode, and cost per test.
  • A tree-like structural model was employed to distribute 'cost per test' to individual tests.

Related Experiment Videos

  • The model was implemented using a computer spreadsheet for practical application.
  • Main Results:

    • The model successfully apportions total laboratory costs into defined components.
    • True 'cost per test' can be accurately calculated by distributing analytical costs.
    • The model allows for the calculation of incremental and marginal costs for laboratory tests.

    Conclusions:

    • The described costing method provides a comprehensive approach to determining the true total costs of laboratory testing.
    • Implementation on a spreadsheet facilitates practical application in laboratory settings.
    • The model supports informed decision-making for optimizing laboratory operations and minimizing analytical costs.