CIHI's Patient Cost Estimator Tool for Hospital Service Cost Calculation
Customer Company Size
Large Corporate
Region
- America
Country
- Canada
Product
- Patient Cost Estimator (PCE)
Tech Stack
- Interactive Tool
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Customer Satisfaction
- Digital Expertise
Technology Category
- Functional Applications - Remote Monitoring & Control Systems
Applicable Industries
- Healthcare & Hospitals
Applicable Functions
- Business Operation
Use Cases
- Remote Asset Management
Services
- System Integration
About The Customer
The Canadian Institute for Health Information (CIHI) is an independent, not-for-profit organization dedicated to providing essential information on Canada’s health systems. CIHI plays a crucial role in collecting and analyzing data related to healthcare services, costs, and outcomes. By offering valuable insights, CIHI helps healthcare providers, policymakers, and researchers make informed decisions to improve the quality and efficiency of healthcare in Canada. The organization is known for its commitment to transparency, accuracy, and innovation in healthcare data management.
The Challenge
CIHI faced the challenge of providing accurate and comprehensive cost estimates for various hospital services across Canada. The organization needed a solution that could offer detailed cost information by jurisdiction and patient age group, while excluding physician fees, which are typically paid directly by the jurisdiction. This was essential to help healthcare providers and policymakers understand the financial aspects of healthcare services and make informed decisions.
The Solution
CIHI implemented the Patient Cost Estimator (PCE), an interactive tool designed to calculate the average cost of various hospital services. The PCE provides cost estimates nationally, by jurisdiction, and by patient age group, offering a comprehensive view of healthcare costs. The tool includes the costs incurred by hospitals in providing services but excludes physician fees, ensuring that the estimates reflect the actual expenses borne by the hospitals. By deploying the PCE, CIHI aimed to enhance transparency and provide stakeholders with reliable cost information to support decision-making processes.
Operational Impact
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