Analysis of Cost Price and Net Profit of Laboratory: Case Study of Iran
Diagnostic services are regarded as important hospital services, which are very costly due to the use of advanced technologies and facilities, and it seems so necessary to calculate and analyze the costs thereof. Understanding the profitability of lab services by traditional and ABC method that prov...
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| Format: | Article |
| Language: | English |
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Mashhad: Behzad Hassannezhad Kashani
2017-10-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_115163_a4464eb5b90924f76d33587329f3fa97.pdf |
| _version_ | 1797690330780270592 |
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| author | Zahra Meshkani Seyed Moosavi Nejad Nader Markazi Moghaddam Boris Popesko Neda Yekani |
| author_facet | Zahra Meshkani Seyed Moosavi Nejad Nader Markazi Moghaddam Boris Popesko Neda Yekani |
| author_sort | Zahra Meshkani |
| collection | DOAJ |
| description | Diagnostic services are regarded as important hospital services, which are very costly due to the use of advanced technologies and facilities, and it seems so necessary to calculate and analyze the costs thereof. Understanding the profitability of lab services by traditional and ABC method that provided by military units is the purpose of the study. This study was an applied retrospective study that conducted in a lab of Iran in a hospital of military unit in 2015. After identifying the overhead and final centers, costs related topics were collected, and cost price of the final services was calculated using Activity-Based Costing method. Calculated cost of services had been consequently compared average tariff of common services using the principles of sharing. According to the results, there were deviations between average service tariff and per admission, and most services provided to armed forces were losing. The lab was no profitable in both methods but losses in ABC were more estimated. For Pathology, Blood Bank, Biochemistry, and Hematology tests, we were witnessing the greatest deviation from the tariff but Immunology, Serology and Microbiology tests were profitable. |
| first_indexed | 2024-03-12T01:57:59Z |
| format | Article |
| id | doaj.art-37f9008ea6e94c2a9932d9b325c1e973 |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:57:59Z |
| publishDate | 2017-10-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-37f9008ea6e94c2a9932d9b325c1e9732023-09-07T21:54:12ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262017-10-0141010631073115163Analysis of Cost Price and Net Profit of Laboratory: Case Study of IranZahra Meshkani0Seyed Moosavi Nejad1Nader Markazi Moghaddam2Boris Popesko3Neda Yekani4PhD Student, Health Management and Economic Research Center, Iran University of Medical Sciences, Faculty of Management and Medical Information, Tehran, IranMedical Doctor , AJA University of Medical Sciences, Tehran, IranAssistant Professor, Department of Public Health, School of Medicine, AJA University of Medical Sciences, Tehran, IranTomas Bata University in Zlin, Czech RepublicMsc in Health Service Management, Tehran University of Medical Sciences, Tehran, IranDiagnostic services are regarded as important hospital services, which are very costly due to the use of advanced technologies and facilities, and it seems so necessary to calculate and analyze the costs thereof. Understanding the profitability of lab services by traditional and ABC method that provided by military units is the purpose of the study. This study was an applied retrospective study that conducted in a lab of Iran in a hospital of military unit in 2015. After identifying the overhead and final centers, costs related topics were collected, and cost price of the final services was calculated using Activity-Based Costing method. Calculated cost of services had been consequently compared average tariff of common services using the principles of sharing. According to the results, there were deviations between average service tariff and per admission, and most services provided to armed forces were losing. The lab was no profitable in both methods but losses in ABC were more estimated. For Pathology, Blood Bank, Biochemistry, and Hematology tests, we were witnessing the greatest deviation from the tariff but Immunology, Serology and Microbiology tests were profitable.https://www.ijmae.com/article_115163_a4464eb5b90924f76d33587329f3fa97.pdfactivity-based costinglaboratorycostinghospital |
| spellingShingle | Zahra Meshkani Seyed Moosavi Nejad Nader Markazi Moghaddam Boris Popesko Neda Yekani Analysis of Cost Price and Net Profit of Laboratory: Case Study of Iran International Journal of Management, Accounting and Economics activity-based costing laboratory costing hospital |
| title | Analysis of Cost Price and Net Profit of Laboratory: Case Study of Iran |
| title_full | Analysis of Cost Price and Net Profit of Laboratory: Case Study of Iran |
| title_fullStr | Analysis of Cost Price and Net Profit of Laboratory: Case Study of Iran |
| title_full_unstemmed | Analysis of Cost Price and Net Profit of Laboratory: Case Study of Iran |
| title_short | Analysis of Cost Price and Net Profit of Laboratory: Case Study of Iran |
| title_sort | analysis of cost price and net profit of laboratory case study of iran |
| topic | activity-based costing laboratory costing hospital |
| url | https://www.ijmae.com/article_115163_a4464eb5b90924f76d33587329f3fa97.pdf |
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