Managing risk and expected financial return from selective expansion of operating room capacity: Mean-variance analysis of a hospital's portfolio of surgeons

Anesthesia and Analgesia

Volumn 97, Issue 1, 2003, Pages 190-195

  Dexter, Franklin ^a   Ledolter, Johannes ^b  

^a UNIVERSITY OF IOWA   (United States)

^b UNIVERSITY OF IOWA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

ANALYTIC METHOD; ARTICLE; COST CONTROL; DECISION MAKING; HOSPITAL FINANCE; HOSPITAL MANAGEMENT; MEDICAL SPECIALIST; OPERATING ROOM; PRIORITY JOURNAL; RESOURCE ALLOCATION; STATISTICAL ANALYSIS; SURGEON;

EID: 0037636176     PISSN: 00032999     EISSN: None     Source Type: Journal    
DOI: 10.1213/01.ANE.0000066263.53951.93     Document Type: Article

References (6)

1. Macario A, Dexter F, Traub RD. Hospital profitability per hour of operating room time can vary among surgeons. Anesth Analg 2001;93:669-75.
2. Dexter F, Blake JT, Penning DH, Lubarsky DA. Calculating a potential increase in hospital margin for elective surgery by changing operating room time allocations or increasing nursing staffing to permit completion of more cases: a case study. Anesth Analg 2002;94:138-42.
3. Dexter F, Blake JT, Penning DH, et al. Use of linear programming to estimate impact of changes in a hospital's operating room time allocation on perioperative variable costs. Anesthesiology 2002;96:718-24.
4. Dexter F, Lubarsky DA, Blake JT. Sampling error can significantly affect measured hospital financial performance of surgeons and resulting operating room time allocations. Anesth Analg 2002;95:184-8.
5. Ragsdale CT. Spreadsheet modeling and decision analysis, a practical introduction to management science. 2nd ed. Cincinnati, OH: South-Western College Publishing, 1998:45-64, 128-41, 334-41.
6. Briggs AH, Mooney CZ, Wonderling DE. Constructing confidence intervals for cost-effectiveness ratios: an evaluation of parametric and non-parametric techniques using Monte-Carlo simulation. Stat Med 1999;18:3245-62.