Factors affecting hospital costs and revenue: integrating expert opinions and literature review
International Journal of Health Governance
ISSN: 2059-4631
Article publication date: 13 December 2021
Issue publication date: 11 February 2022
Abstract
Purpose
There is not enough comprehensive evidence on factors affecting hospital costs and revenue (HCR). The main objective of the current study is to identify and classify factors affecting HCR integrating experts' opinions and literature review.
Design/methodology/approach
First, a restricted literature review is conducted to identify the factors affecting HCR. In the second step, the targeted semi-structured interviews are conducted with 15 experts to identify, validate and classify the latent factors.
Findings
In addition to the factors identified through the literature review, 22 new important factors were added by the experts as the determinants of HCR, which were not pointed out in previous studies. The final model presented for the factors affecting HCR contains seven main groups, 22 subgroups and 70 variables.
Originality/value
Factors affecting HCR will provide valuable contributions for hospital budgeting, and financial and strategic planning, and they will offer an effective horizon for future research on cost-cutting strategies.
Keywords
Acknowledgements
The authors thank all the experts who have participated and devoted their precious time to improve the designed model of HCR.
Citation
Zalvand, R., Mohammadian, M. and Meskarpour Amiri, M. (2022), "Factors affecting hospital costs and revenue: integrating expert opinions and literature review", International Journal of Health Governance, Vol. 27 No. 1, pp. 21-40. https://doi.org/10.1108/IJHG-10-2021-0104
Publisher
:Emerald Publishing Limited
Copyright © 2021, Emerald Publishing Limited