Are cost advantages from a modern Indian hospital transferable to the United States?

ABSTRACT:

Background

Multiple modern Indian hospitals operate at very low cost while meeting US-equivalent quality accreditation standards. Though US hospitals face intensifying pressure to lower their cost, including proposals to extend Medicare payment rates to all admissions, the transferability of Indian hospitals' cost advantages to US peers remains unclear.

Methods

Using time-driven activity-based costing methods, we estimate the average cost of personnel and space for an elective coronary artery bypass graft (CABG) surgery at two American hospitals and one Indian hospital (NH). All three hospitals are Joint Commission accredited and have reputations for use of modern performance management methods. Our case study applies several analytic steps to distinguish transferable from n

SUBMITTER: Erhun F 

PROVIDER: S-EPMC7194861 | biostudies-literature | 2020 Jun

REPOSITORIES: biostudies-literature