Case Studies CIHI's Patient Cost Estimator Tool for Hospital Service Cost Calculation

Edit This Case Study Record

	CIHI's Patient Cost Estimator Tool for Hospital Service Cost Calculation

CIHI's Patient Cost Estimator Tool for Hospital Service Cost Calculation

Technology Category	Functional Applications - Remote Monitoring & Control Systems
Applicable Industries	Healthcare & Hospitals
Applicable Functions	Business Operation
Use Cases	Remote Asset Management
Services	System Integration
Challenge	CIHI faced the challenge of providing accurate and comprehensive cost estimates for various hospital services across Canada. The organization needed a solution that could offer detailed cost information by jurisdiction and patient age group, while excluding physician fees, which are typically paid directly by the jurisdiction. This was essential to help healthcare providers and policymakers understand the financial aspects of healthcare services and make informed decisions. Read More
About Customer	The Canadian Institute for Health Information (CIHI) is an independent, not-for-profit organization dedicated to providing essential information on Canada’s health systems. CIHI plays a crucial role in collecting and analyzing data related to healthcare services, costs, and outcomes. By offering valuable insights, CIHI helps healthcare providers, policymakers, and researchers make informed decisions to improve the quality and efficiency of healthcare in Canada. The organization is known for its commitment to transparency, accuracy, and innovation in healthcare data management. Read More
Solution	CIHI implemented the Patient Cost Estimator (PCE), an interactive tool designed to calculate the average cost of various hospital services. The PCE provides cost estimates nationally, by jurisdiction, and by patient age group, offering a comprehensive view of healthcare costs. The tool includes the costs incurred by hospitals in providing services but excludes physician fees, ensuring that the estimates reflect the actual expenses borne by the hospitals. By deploying the PCE, CIHI aimed to enhance transparency and provide stakeholders with reliable cost information to support decision-making processes. Read More Log in to view content
Contents

Technology Category

Functional Applications - Remote Monitoring & Control Systems

Applicable Industries

Healthcare & Hospitals

Applicable Functions

Business Operation

Use Cases

Remote Asset Management

Services

System Integration

Challenge

CIHI faced the challenge of providing accurate and comprehensive cost estimates for various hospital services across Canada. The organization needed a solution that could offer detailed cost information by jurisdiction and patient age group, while excluding physician fees, which are typically paid directly by the jurisdiction. This was essential to help healthcare providers and policymakers understand the financial aspects of healthcare services and make informed decisions.

About Customer

The Canadian Institute for Health Information (CIHI) is an independent, not-for-profit organization dedicated to providing essential information on Canada’s health systems. CIHI plays a crucial role in collecting and analyzing data related to healthcare services, costs, and outcomes. By offering valuable insights, CIHI helps healthcare providers, policymakers, and researchers make informed decisions to improve the quality and efficiency of healthcare in Canada. The organization is known for its commitment to transparency, accuracy, and innovation in healthcare data management.

Solution

CIHI implemented the Patient Cost Estimator (PCE), an interactive tool designed to calculate the average cost of various hospital services. The PCE provides cost estimates nationally, by jurisdiction, and by patient age group, offering a comprehensive view of healthcare costs. The tool includes the costs incurred by hospitals in providing services but excludes physician fees, ensuring that the estimates reflect the actual expenses borne by the hospitals. By deploying the PCE, CIHI aimed to enhance transparency and provide stakeholders with reliable cost information to support decision-making processes.

Impact #1	The Patient Cost Estimator (PCE) tool has enabled healthcare providers and policymakers to access detailed cost information for various hospital services, facilitating better financial planning and resource allocation.
Impact #2	The tool's interactive nature allows users to customize their queries based on jurisdiction and patient age group, providing tailored insights that are relevant to specific contexts.
Impact #3	By excluding physician fees, the PCE ensures that the cost estimates accurately represent the expenses incurred by hospitals, leading to more precise financial assessments.

Impact #1

The Patient Cost Estimator (PCE) tool has enabled healthcare providers and policymakers to access detailed cost information for various hospital services, facilitating better financial planning and resource allocation.

Impact #2

The tool's interactive nature allows users to customize their queries based on jurisdiction and patient age group, providing tailored insights that are relevant to specific contexts.

Impact #3

By excluding physician fees, the PCE ensures that the cost estimates accurately represent the expenses incurred by hospitals, leading to more precise financial assessments.

Download PDF Version

Overview

CIHI's Patient Cost Estimator Tool for Hospital Service Cost Calculation

Operational Impact