Improving value with TDABC
Kaplan, R. S. (2014). Improving value with TDABC. Healthcare Financial Management: Journal of The Healthcare Financial Management Association, 68(6), 76-83.
The article highlights time-driven activity-based costing. The author traces the path of a patient throughout the continuum of care for a specific medical condition; identifies the actual cost of each resource used, such as personnel, space, consumables, and equipment, in both inpatient and outpatient settings; documents the amount of time the patient spends with each resource; and supports the ability to aggregate cost information across multiple organizations that deliver care to a patient throughout a defined episode of care.