Description
Split a total hospital cost between day cases and inpatients using normalized supplied weights.
Health-economic accounting distinguishes evaluation perspective, reference years, utility tariffs, timing and allocated costs. Missing resource use differs from measured zero, and a caller-supplied weight differs from a validated model correction. One cost or budget contribution does not establish cost effectiveness or an appropriate allocation of care.
Split a total hospital cost between day cases and inpatients using normalized supplied weights.
When to use this tool
Use Hospital Cost Day Case Allocation Term when checking the stated supplied health-economic record, timing or allocation convention.
How to use the tool and how it works
- Enter totalCost, dayCaseWeight, inpatientWeight. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read dayCaseAllocatedCost, inpatientAllocatedCost. Use the output convention below.
Require nonnegative day-case/inpatient weights with a positive finite sum. Allocate signed totalCost by each weight's share of the sum.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| totalCost | Signed total cost on the same currency and period basis for both allocations. | Required. Finite number. |
| dayCaseWeight | Day Case Weight | Required. Finite number; minimum 0. |
| inpatientWeight | Inpatient Weight | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| dayCaseAllocatedCost | Day Case Allocated Cost | Required. Finite number. |
| inpatientAllocatedCost | Inpatient Allocated Cost | Required. Finite number. |
{
"input": {
"totalCost": 1000,
"dayCaseWeight": 1,
"inpatientWeight": 3
},
"output": {
"dayCaseAllocatedCost": 250,
"inpatientAllocatedCost": 750
}
}Limitations and assumptions
- Weights need not sum to one; this allocation does not estimate actual unit costs or establish a cost-accounting standard.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Use a complete justified economic model, verified sources and qualified health-economic/financial assessment for real policy or care-allocation decisions.
References
Similar or alternative tools
- Health Service Opportunity Cost Gap
Calculate valued benefit minus a supplied opportunity cost on a common basis.
- Health Cost Batch Inflation Weight Term
Apply one positive inflation multiplier per cost and total the adjusted amounts.