Possibilities of Total Costs of Ownership under the HB-HTA approach

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21460%2F20%3A00350729" target="_blank" >RIV/68407700:21460/20:00350729 - isvavai.cz</a>
Alternative codes found
RIV/60460709:41110/20:85017
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Possibilities of Total Costs of Ownership under the HB-HTA approach
Original language description
Hospital-Based Health Technology Assessment (HB-HTA) tools seem to be effective in strategic planning in hospitals. The benefit they show in the decision-making phase of medical devices management, in their acquisition, implementation, or the whole life cycle is obvious. Health technology assessment more and more includes an application of the Total Cost of Ownership (TCO) method, but its systematic incorporation into HTA is not complete yet. TCO has many advantages, when the main benefit follows from the fact that it helps identify costs that otherwise would remain hidden. TCO can be applied e.g. in the case of supplier selection, when TCO can be included to the input criteria of the multiple-criteria decision analysis. TCO finds further utilization in investment assessment on the basis of a prediction of future cost items. The last discussed area of TCO application is within evaluations of projects that were already implemented using retrospective data. The paper opens three basic perspectives of the TCO method as a part of HB-HTA, and it systemizes suitable application of this approach providing five case studies. These examples offer procedures specific for healthcare facilities and draw attention to particular "hidden costs" of health technologies.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
EDUCATION EXCELLENCE AND INNOVATION MANAGEMENT: A 2025 VISION TO SUSTAIN ECONOMIC DEVELOPMENT DURING GLOBAL CHALLENGES
ISBN
978-0-9998551-4-0
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
14138-14144
Publisher name
International Business Information Management Association, IBIMA
Place of publication
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Event location
Sevilla
Event date
Apr 1, 2020
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000661489805007

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