Surgical Cost Disclosure May Reduce Operating Room Expenditures.
Publication/Presentation Date
3-1-2017
Abstract
Health care expenditures are rising in the United States. Recent policy changes are attempting to reduce spending through the development of value-based payment systems that rely heavily on cost transparency. This study was conducted to investigate whether cost disclosure influences surgeons to reduce operating room expenditures. Beginning in 2012, surgeon scorecards were distributed at a regional health care system. The scorecard reported the actual direct supply cost per case for a specific procedure and compared each surgeon's data with those of other surgeons in the same subspecialty. Rotator cuff repair was chosen for analysis. Actual direct supply cost per case was calculated quarterly and collected over a 2-year period. Surgeons were given a questionnaire to determine their interest in the scorecard. Actual direct supply cost per rotator cuff repair procedure decreased by $269 during the study period. A strong correlation (R
Volume
40
Issue
2
First Page
269
Last Page
269
ISSN
1938-2367
Published In/Presented At
Austin, L. S., Tjoumakaris, F. P., Ong, A. C., Lombardi, N. J., Wowkanech, C. D., & Mehnert, M. J. (2017). Surgical Cost Disclosure May Reduce Operating Room Expenditures. Orthopedics, 40(2), e269–e274. https://doi.org/10.3928/01477447-20161116-03
Disciplines
Medicine and Health Sciences
PubMedID
27874914
Department(s)
Department of Emergency Medicine, Fellows and Residents
Document Type
Article