Terie McClintock, Director at Perficient, recently wrote a blog post about the challenge caregivers face in understanding the total costs involved throughout the entire path that a patient travels.
If you ask caregivers to determine their current workflow, they don’t really know where the patient and family go before or after each step of their care so the total care pathway is not in their purview. This is a well-known challenge for implementing clinical effectiveness improvements whether it comes to improving care or lowering cost.
You can read the rest of her post here to learn more about how activity based costing can extract data to discover true patient costs.