A cost that supports an organisation's overall operations but cannot be directly attributed to a specific service or department, such as administration.
Costing & Resource Use
Terms for identifying, measuring and valuing the resources used in health care.
- Topic: Costing & Resource Use
- 40 terms
- Editor reviewed
The economic value of lost work output from illness or death, estimated using the human capital or friction cost approach.
A method of comparing economic value across countries based on the relative cost of a common basket of goods and services, rather than exchange rates.
A standardised unit cost for a specific healthcare service, published by a health system to promote consistency in costing across providers.
The process of determining which categories of resource use, such as staff time and supplies, are relevant when costing an intervention.
The process of quantifying the physical amount of a resource consumed in delivering a health intervention, such as staff hours or bed-days.
The physical quantities of inputs, such as staff time, equipment, and supplies, consumed in delivering a healthcare intervention.
The process of assigning a monetary value to a measured quantity of resource use, typically by multiplying it by a unit cost.