Costing & Resource Use

Terms for identifying, measuring and valuing the resources used in health care.

  • Topic: Costing & Resource Use
  • 40 terms
  • Editor reviewed

5 terms

Reference CostBenchmark Unit Cost, Standard Costing Value

A standardised unit cost for a specific healthcare service, published by a health system to promote consistency in costing across providers.

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Resource IdentificationResource Enumeration, Cost Item Identification

The process of determining which categories of resource use, such as staff time and supplies, are relevant when costing an intervention.

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Resource MeasurementResource Quantification, Utilisation Measurement

The process of quantifying the physical amount of a resource consumed in delivering a health intervention, such as staff hours or bed-days.

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Resource UseResource Consumption, Service Use Volume

The physical quantities of inputs, such as staff time, equipment, and supplies, consumed in delivering a healthcare intervention.

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Resource ValuationInput Valuation, Resource Pricing

The process of assigning a monetary value to a measured quantity of resource use, typically by multiplying it by a unit cost.

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