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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Narsing, A. Whittaker, J. |
| Copyright Year | 1999 |
| Description | Author affiliation: Alberta Univ., Edmonton, Alta., Canada (Narsing, A.) |
| Abstract | Summary form only given. Rampant changes in the delivery of Canada's healthcare system are driven by deep cuts, which have resulted in lost economic and productive opportunities. This study examines the management techniques employed by a large 750-bed teaching hospital in managing its operating budget. It also illustrates an application of a stochastic MRI model an as example of applying sound engineering management techniques to solve process problems. Use of engineering management techniques such as stochastic modeling will improve operating and economic efficiencies, which are all, aimed towards long-term healthcare reform. While the management techniques used by hospital administrators were effective in some capacity, they were deficient in other respects. In this paper, the authors introduce stochastic modeling to overcome these deficiencies presented by the previously used techniques. Stochastic modeling presented administrators with a more realistic approach to analyzing process problems. An MRI process is modeled using this approach. Administrators were able to observe the probable outcome associated with achieving targeted outputs. Management could perform scenario related analysis by varying output levels to observe different cost structures. This model is further discussed in-depth within the paper. |
| File Size | 58727 |
| File Format | |
| ISBN | 1890843024 |
| DOI | 10.1109/PICMET.1999.808373 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 1999-07-29 |
| Publisher Place | USA |
| Access Restriction | Subscribed |
| Rights Holder | Portland Int. Conf. on Management of Eng. & Techno |
| Subject Keyword | Resource management Medical services Stochastic processes Financial management Hospitals Magnetic resonance imaging Research and development management Education Performance analysis Costs |
| Content Type | Text |
| Resource Type | Article |
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