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Measuring the Switch Cost of Smartphone Use While Walking

Measuring the Switch Cost of Smartphone Use While Walking

Published on: April 30, 2020

Using technology to reveal true costs.

John Glaser¹, Ajit Sett

¹Siemens Health Services, Siemens Healthcare, Malvern, Pa., USA. john.glaser@siemens.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association

|March 1, 2012

Summary

This summary is machine-generated.

Healthcare leaders must standardize cost definitions and maintenance protocols for effective costing systems. Addressing these ensures accurate cost per unit of care across networks.

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Methodology for Establishing a Community-Wide Life Laboratory for Capturing Unobtrusive and Continuous Remote Activity and Health Data

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Published on: July 27, 2018

Area of Science:

Healthcare Management
Health Economics
Cost Accounting

Background:

Implementing new healthcare costing systems requires careful consideration of existing provider practices.
Variations in cost definitions and data management can impede accurate financial analysis.
Networked healthcare systems face unique challenges in standardizing financial data.

Purpose of the Study:

To identify critical questions healthcare leaders must answer before implementing new costing systems.
To highlight the importance of standardized definitions for units of care and cost components.
To examine the necessity of robust maintenance processes for cost and revenue matching.

Main Methods:

The study focuses on conceptual analysis and identification of key implementation challenges.
It involves posing critical questions for healthcare leaders to consider.
The methodology emphasizes strategic planning for costing system integration.

Main Results:

Three core questions emerge regarding shared definitions, maintenance protocols, and surrogate cost derivation.
Lack of standardized definitions for 'unit of care' and cost types (fixed, variable, etc.) is a major hurdle.
Effective maintenance processes for matching revenues and costs are crucial for system integrity.

Conclusions:

Healthcare leaders must proactively address definitional consistency and operational protocols.
Standardization is key to accurate cost per unit of care calculations, even with varying provider systems.
Developing methods to derive surrogate costs is essential when full system adoption is not immediate.