"Identifying Information: Name","Cost of a Standard Hospital Stay" "Identifying Information: Short/Other Names","CSHS; also known in other ºìÁì½í¹Ï±¨publications as ""cost per weighted case (CPWC)""" "Identifying Information: Description","This indicator measures the ratio of a hospital's total acute inpatient care expenses to the number of acute inpatient weighted cases related to the inpatients for which the hospital provided care." "Background, Interpretation and Benchmarks: Rationale","The indicator was developed to increase cost-efficiency in hospitals. The four factors that influence indicator results are organizational structure, components of CSHS, methodological issues and data quality. The indicator can provide insight into the total cost to treat an average inpatient with a Resource Intensity Weight (RIW) of 1, to improve cost-efficiency." "Background, Interpretation and Benchmarks: Interpretation","Cost of a standard hospital stay is an indicator that measures the relative cost-efficiency of a hospital's ability to provide acute inpatient care. This indicator compares a hospital's total acute inpatient care expenses to the number of acute inpatient weighted cases related to the inpatients that it provided care for. The result is the hospital's average full cost of treating the average acute inpatient. A high cost of a standard hospital stay indicates a relatively high cost of treating the average acute inpatient; a low cost of a standard hospital stay indicates that the cost of treating the average acute inpatient is relatively low." "Background, Interpretation and Benchmarks: HSP Framework Dimension","Efficiently delivered" "Background, Interpretation and Benchmarks: Areas of Need","Getting Better" "Background, Interpretation and Benchmarks: Targets/Benchmarks","Not applicable" "Available Data Years","2017 to 2021" "Available Data Years: Type of Year",Fiscal "Availability of Results: Geographic Coverage","Newfoundland and Labrador" "Reporting Level/Disaggregation",National "Reporting Level/Disaggregation: Other reporting level/disaggregation","Others: This indicator is calculated at the hospital level and aggregated to the regional, provincial/territorial and national levels." "Result Updates: Indicator Results","Web Tool: Your ºìÁì½í¹Ï±¨ System: In Depth PDF: Accessing Indicator Results on Your ºìÁì½í¹Ï±¨ System: In Depth (PDF)" "Update Frequency","Every year" "Result Updates: Latest Results Update Date","May 2023" "Result Updates: Updates","Uses CMG+ Methodology 2022" "Indicator Calculation: Description","The indicator is calculated by dividing the facility's total inpatient cost by its total acute inpatient weighted cases (obtained from the Discharge Abstract Database), excluding day procedures. Unit of Analysis: An acute inpatient weighted case The indicator is expressed as the total inpatient expenses incurred to produce a weighted case. The indicator is calculated by fiscal year. Please note that weighted cases used in these methodologies are grouped using CMG+ 2022, CIHI’s most recent case mix grouping methodology at the time of this release." "Indicator Calculation: Type of Measurement",Ratio "Denominator: Description:","The denominator includes total acute inpatient weighted cases (obtained from the Discharge Abstract Database), excluding day procedures." "Denominator: Exclusions:","Day procedures" "Numerator: Description:","The numerator is the total inpatient cost for the facility. The methodology for determining the total inpatient cost is found in the Cost of a Standard Hospital Stay Methodology (PDF) document." "Method of Adjustment: Other method of adjustment:","The range of acceptable values is 1st quartile (25th percentile) − 1.5 × IQR to 3rd quartile (75th percentile) + 1.5 × IQR, where IQR stands for the interquartile range. Values outside of this range are removed from regional, provincial/territorial and national averages." "Adjustment Applied: Covariates used in risk adjustment:","See Cost of a Standard Hospital Stay Methodology (PDF) document for the methodology for determining total inpatient expense." "Indicator Calculation: Geographic Assignment","Place of service" "Data Sources",CMDB "Quality Statement: Caveats and Limitations","This indicator does not account for variances in labour rates across jurisdictions, which decreases comparability across jurisdictions." "Quality Statement: Trending Issues","Not applicable" "Quality Statement: Comments","Indicator results are also available on Your ºìÁì½í¹Ï±¨ System: In Brief" References,"Not applicable"