Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country
Background: It is believed that laboratory tariffs in Iran don’t reflect the real costs. This might expose private laboratories at financial hardship. Activity Based Costing is widely used as a cost measurement instrument to more closely approximate the true cost of operations. Objective: This st...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Electronic Physician
2017-04-01
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| Series: | Electronic Physician |
| Subjects: | |
| Online Access: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5459275/ |
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| author | Ali Mouseli Mohsen Barouni Mohammadreza Amiresmaili Siamak Mirab Samiee Leila Vali |
| author_facet | Ali Mouseli Mohsen Barouni Mohammadreza Amiresmaili Siamak Mirab Samiee Leila Vali |
| author_sort | Ali Mouseli |
| collection | DOAJ |
| description | Background: It is believed that laboratory tariffs in Iran don’t reflect the real costs. This might expose private
laboratories at financial hardship. Activity Based Costing is widely used as a cost measurement instrument to
more closely approximate the true cost of operations.
Objective: This study aimed to determine the real price of different clinical tests of a selected private clinical
laboratory.
Methods: This study was a cross sectional study carried out in 2015. The study setting was the private
laboratories in the city of Kerman, Iran. Of 629 tests in the tariff book of the laboratory (relative value), 188 tests
were conducted in the laboratory that used Activity Based Costing (ABC) methodology to estimate cost-price.
Analyzing and cost-price estimating of laboratory services were performed by MY ABCM software Version 5.0.
Results: In 2015, the total costs were $641,645. Direct and indirect costs were 78.3% and 21.7% respectively.
Laboratory consumable costs by 37% and personnel costs by 36.3% had the largest share of the costing. Also,
group of hormone tests cost the most $147,741 (23.03%), and other tests group cost the least $3,611 (0.56%).
Also after calculating the cost of laboratory services, a comparison was made between the calculated price and
the private sector’s tariffs in 2015.
Conclusion: This study showed that there was a difference between costs and tariffs in the private laboratory.
One way to overcome this problem is to increase the number of laboratory tests with regard to capacity of the
laboratories. |
| first_indexed | 2024-12-12T22:36:56Z |
| format | Article |
| id | doaj.art-9e1c0aa4f25340c7a2874e138f3a7067 |
| institution | Directory Open Access Journal |
| issn | 2008-5842 2008-5842 |
| language | English |
| last_indexed | 2024-12-12T22:36:56Z |
| publishDate | 2017-04-01 |
| publisher | Electronic Physician |
| record_format | Article |
| series | Electronic Physician |
| spelling | doaj.art-9e1c0aa4f25340c7a2874e138f3a70672022-12-22T00:09:28ZengElectronic PhysicianElectronic Physician2008-58422008-58422017-04-01944077408310.19082/4077Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing countryAli MouseliMohsen BarouniMohammadreza AmiresmailiSiamak Mirab SamieeLeila ValiBackground: It is believed that laboratory tariffs in Iran don’t reflect the real costs. This might expose private laboratories at financial hardship. Activity Based Costing is widely used as a cost measurement instrument to more closely approximate the true cost of operations. Objective: This study aimed to determine the real price of different clinical tests of a selected private clinical laboratory. Methods: This study was a cross sectional study carried out in 2015. The study setting was the private laboratories in the city of Kerman, Iran. Of 629 tests in the tariff book of the laboratory (relative value), 188 tests were conducted in the laboratory that used Activity Based Costing (ABC) methodology to estimate cost-price. Analyzing and cost-price estimating of laboratory services were performed by MY ABCM software Version 5.0. Results: In 2015, the total costs were $641,645. Direct and indirect costs were 78.3% and 21.7% respectively. Laboratory consumable costs by 37% and personnel costs by 36.3% had the largest share of the costing. Also, group of hormone tests cost the most $147,741 (23.03%), and other tests group cost the least $3,611 (0.56%). Also after calculating the cost of laboratory services, a comparison was made between the calculated price and the private sector’s tariffs in 2015. Conclusion: This study showed that there was a difference between costs and tariffs in the private laboratory. One way to overcome this problem is to increase the number of laboratory tests with regard to capacity of the laboratories.https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5459275/Cost - PriceClinical LaboratoryLaboratory TestsActivity Based Costing |
| spellingShingle | Ali Mouseli Mohsen Barouni Mohammadreza Amiresmaili Siamak Mirab Samiee Leila Vali Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country Electronic Physician Cost - Price Clinical Laboratory Laboratory Tests Activity Based Costing |
| title | Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country |
| title_full | Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country |
| title_fullStr | Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country |
| title_full_unstemmed | Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country |
| title_short | Cost-price estimation of clinical laboratory services based on activity-based costing: A case study from a developing country |
| title_sort | cost price estimation of clinical laboratory services based on activity based costing a case study from a developing country |
| topic | Cost - Price Clinical Laboratory Laboratory Tests Activity Based Costing |
| url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5459275/ |
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