The value of patient level costing – an international view
Patient-level cost data is a bit like gold for a number of reasons. First, getting cost data often seems like a deep underground mining venture, fraught with danger and challenges and it is just plain hard work. Second, unfortunately often the patient-level cost data remains locked in a vault and is accessible to only a limited number of people. And third, patient-level cost data is a precious resource. In the current environment of budgetary constraints and increasing demands, the health system should be turning to the patient-level cost gold bullion to help guide and map a pathway through the economic challenges ahead.
In August we ran a short survey among our affiliates to ensure we are consistently delivering a valuable service and entered all participants in a prize draw for a year of free HFMA membership. We’re happy to announce that the winner is Robert Willis, acting head of finance at NHS Greater Huddersfield Clinical Commissioning Group.
If you want to also enjoy our the benefits of being a full HFMA member, join our circle today.
6-8 December, London The event will give you the opportunity to hear from some of the prominent figures in the NHS along with key policy makers, politicians, clinician’s and professional and technical experts.