Profit-Influencing Factors in Orthopedic Surgery: An Analysis of Costs and Reimbursements.
Details
Serval ID
serval:BIB_3689EA8A078A
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Profit-Influencing Factors in Orthopedic Surgery: An Analysis of Costs and Reimbursements.
Journal
International journal of environmental research and public health
ISSN
1660-4601 (Electronic)
ISSN-L
1660-4601
Publication state
Published
Issued date
04/04/2022
Peer-reviewed
Oui
Volume
19
Number
7
Pages
4325
Language
english
Notes
Publication types: Journal Article ; Research Support, Non-U.S. Gov't
Publication Status: epublish
Publication Status: epublish
Abstract
The aging population and the associated demand for orthopedic surgeries are increasing health costs. Although the Diagnostic Related Groups (DRG) system was introduced to offer incentives for hospitals, concerns remain that reimbursements for older and frail patients do not cover all hospital expenses. We investigated further: (1) Does age influence net financial results in orthopedic surgery? (2) Are there patient or surgical factors that influence results? This retrospective, monocentric study compares costs and reimbursements for orthopedic patients in a tertiary care hospital in Switzerland between 2015 and 2017. The data of 1230 patients were analyzed. Overall, the net results for the hospital were positive, despite 19.5% of patients being treated at a loss. We did not find any correlation between age and profitability (p = 0.61). Patient-related factors associated with financial losses were female sex (p < 0.001) and diabetes (p = 0.013). Patients free of serious comorbidities (p = 0.012) or with a higher cost weight (p < 0.001) were more often profitable. A longer length of stay was associated with higher losses (p < 0.001). This is the first study to address the Swiss DRG reimbursement system in a broad orthopedic population, while also analyzing specific patient and surgical factors. Overall, the reimbursement system is fair, but could better account for certain interventions.
Keywords
Aged, Diagnosis-Related Groups, Female, Hospitals, Private, Humans, Length of Stay, Orthopedic Procedures, Orthopedics, Retrospective Studies, Swiss DRG, cost-benefit profitability analysis, costing, finance, net financial result, orthopedic surgery, patient health data, profit
Pubmed
Web of science
Open Access
Yes
Create date
19/04/2022 13:26
Last modification date
29/10/2024 7:22