Calculation of the hospitalization cost using Activity-Based Costing methodology

Abstract

This paper presents the study focused on the calculation of the hospitalization cost using the advanced cost allocation procedures. Cost calculation is based on the Activity-Based Costing methodology, which allows the more accurate cost determination. Study was carried out in otorhinolaryngology department of Czech regional hospital. First part of the paper delimitates the issues related with the cost management of the hospitals and describes the problems with accurate cost calculation in hospital organizations. Second part of the paper presents the case study of the hospitalization cost measurement with different types of hospitalization such as planned conventional hospitalization or acute chirurgical hospitalization. Study presents the complete methodology of the hospitalization cost determination.