Hospital Recurrent Cost Projection Model
This model assists managers to plan and budget by estimating future annual costs for key budget categories based on various norms for staffing, support, and more. Users specify basic attributes such as size (bed capacity), capital costs, specialty services offered, and intensity of use. The model projects costs based on a set of alternative norms (either intermediate or optimal conditions). Users can adjust the norms to reflect local circumstances. Included are a user’s guide, a model budget, and a template.
Last modified: July 23, 2021