What is it about?
Investigates the volatile nature of emergency admissions, hidden patterns in the volatility and how this affects financial risk in NHS commissioning.
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Why is it important?
If you do not understand the nature of activity associated risk you will make unrealistic financial forecasts. The same patterns identified in 2008 have re-occurred in 2010, 2012, 2014 and 2016.
Perspectives
This is part of an extended series of papers investigating the factors contributing to financial risk in NHS commissioning. As always, governments downplay the dis-benefits of commissioning and emphasize the benefits. See http://www.hcaf.biz/2010/Publications_Full.pdf A 4-Part series in Journal of Health Care Finance winter 2021 has updated concepts in this area, http://www.healthfinancejournal.com/~junland/index.php/johcf/index
Dr Rodney P Jones
Healthcare Analysis & Forecasting
Read the Original
This page is a summary of: Emergency admissions and financial risk, British Journal of Healthcare Management, July 2009, Mark Allen Group,
DOI: 10.12968/bjhc.2009.15.7.43202.
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