Open AccessHow Much Does It Cost for a Surgical ICU Bed in a Public Hospital in India
Author(s) -
Thean Singh,
Jawahar S. K. Pillai,
Mukunda Chandra Sahoo
Publication year - 2021
Publication title -
risk management and healthcare policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.828
H-Index - 22
ISSN - 1179-1594
DOI - 10.2147/rmhp.s324551
Subject(s) - activity based costing , unit cost , medicine , total cost , operations management , unit (ring theory) , average cost , intensive care unit , consumables , public health , medical emergency , emergency medicine , business , intensive care medicine , engineering , nursing , mathematics , marketing , mechanical engineering , mathematics education , accounting , neoclassical economics , economics
Activity-based costing (ABC) is a costing technique that identifies the activities in an organization and assigns the cost to the activities based on the actual resources consumed for each activity. The method was used to ascertain the cost of surgical intensive care unit (SICU) bed in an institute of national importance, such as All India Institute of Medical Sciences (AIIMS), Bhubaneswar, from June 2019 to February 2021.