Patient DRG | Data source | Fractured neck of femur, +c/c |
---|---|---|
Fixed costs (estimated) | State data | $670 |
Variable costs (estimated) | State data | $6,570 |
Average length of stay for the DRG | State data | 8 days |
Daily variable cost | State data | $6,570/8 = $820 |
Actual length of stay | Study data | 11 days |
Actual estimated cost | Study data * State data | 11 * $820 + $670 = $9690 |
If patient length of stay is above the average for the DRG: | ||
Extra length of stay | Study data – State data | 11 - 8 = 3 days |
Extra cost | Study data * State data | 3 * $820 = $2460 |