What is it about?
This study investigated the average year-to-year volatility in hospital bed occupancy (as a proxy for costs) for different acute specialties. Mental illness, medicine and pediatrics contribute to the highest volatility in bed occupancy and hence costs. Analysis of admissions shows highest volatility is associated with females and ages 75+ and 15-59.
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Why is it important?
The management of financial risk among NHS organisations in England is a taboo subject. The NHS is constantly blamed for financial 'failure' for issues over which it has very little real control.
Perspectives
Part of a wider series of articles exploring the factors contributing to financial risk in health care commissioning. The Department of Health (now NHS England) has repeatedly failed to acknowledge the reality of financial risk, instead finding it easier to blame the NHS, see http://www.hcaf.biz/2010/Publications_Full.pdf
Dr Rodney P Jones
Healthcare Analysis & Forecasting
Read the Original
This page is a summary of: Year-to-year volatility in medical admissions, British Journal of Healthcare Management, August 2012, Mark Allen Group,
DOI: 10.12968/bjhc.2012.18.8.448.
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