Cost-Benefit Analysis of Radiation Therapy Services at Tripler Army Medical Center
Abstract
The purpose of this analysis was to examine the costs and benefits associated with continuance of "in-house" radiation therapy services to eligible beneficiaries at Tripler Army Medical Center (TAMC), as opposed to purchasing services. In determining the optimal solution for TAMC, three models were developed and used to project, for FY04 through FY10, a financial analysis using historical data. The analysis indicated purchasing radiation therapy services, i.e., outsourcing this care would produce a cost avoidance of $442,683 to $604,619, depending upon model comparison. However, the financial data alone is insufficient to determine the optimal solution. Qualitative factors were analyzed using a relative values decision matrix. Evaluation criteria consisted of cost, access, perceived quality, measurable quality, and political views. These criteria were ranked and weighted. A threats, opportunities, weaknesses, and strengths matrix was then used to establish the strategic direction. Based on the results of this analysis, it is recommended that TAMC continue to provide radiation therapy services in-house and enhance those services through purchase of intensity-modulated radiation therapy technology.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 2004
- Accession Number
- ADA432257
Entities
People
- Diane S. Diehl
Organizations
- Tripler Army Medical Center