Costing & Resource Use

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

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

3 terms

Time-Driven Activity-Based CostingTDABC, Time-Driven ABC

A costing method estimating a service's cost by multiplying the capacity cost rate of resources involved by the time required to complete each activity.

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Top-Down CostingMacro-Costing, Top-Level Costing

A costing approach that starts with aggregate costs and allocates them to services, activities or patients using documented shares and output counts.

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Total CostAggregate Cost, Total Expenditure

The sum of all costs, fixed and variable, incurred in producing a given level of output.

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