KSNS
E-SUBMISSION
Articles
- Page Path
- HOME > J Korean Acad Nurs > Volume 38(1); 2008 > Article
-
Original Article
- An Analysis of Cost and Profit of a Nursing Unit using Performance-Based Costing: Case of a General Surgical Ward in a General Hospital
- Ji Young Lim
-
Journal of Korean Academy of Nursing 2008;38(1):161-171.
DOI: https://doi.org/10.4040/jkan.2008.38.1.161
Published online: February 29, 2008
Professor, Department of Nursing, Inha University, Incheon, Korea.
- Address reprint requests to: Lim, Ji Young. Department of Nursing, Inha University, 253 Yonghyeon-dong, Nam-gu, Incheon 402-751, Korea. Tel: 82-32-860-8210, Fax: 82-32-874-5880, lim20712@inha.ac.kr
• Received: October 12, 2007 • Accepted: December 29, 2007
Copyright © 2008 Korean Society of Nursing Science
Abstract
-
Purpose
- The aim of this study was to analysize net income of a surgical nursing ward in a general hospital.
-
Methods
- Data collection and analysis was conducted using a performance-based costing and activity-based costing method.
-
Results
- Direct nursing activities in the surgical ward were 68, indirect nursing activities were 10. The total cost volume of the surgical ward was calculated at ₩119,913,334.5. The cost volume of the allocated medical department was ₩91,588,200.3, and the ward consumed cost was ₩28,325,134.2. The revenue of the surgical nursing ward was ₩33,269,925.0. The expense of a surgical nursing ward was ₩28,325,134.2. Therefore, the net income of a surgical nursing ward was ₩4,944,790.8.
-
Conclusion
- We suggest that to develop a more refined nursing cost calculation model, a standard nursing cost calculation system needs to be developed.
This work was supported by the Korea Research Foundation Grant funded by the Korean Goverment (MOEHRD) KRF-2006-003-E00405
- 1. AAA (American Accounting Association). Tentative statement of cost concepts underlying reports for management purposes. Accounting Rev. 1956;31:183.
- 2. Baker JJ, Boyd GF. Activity-based costing in the operating room at valley view hospital. J Health Care Finance. 1997;24(1):1–9.PubMed
- 3. Choi JH. Hospital accounting. 2000;Seoul, Daemyoung.
- 4. Choi JH, Son YH. Hospital management accounting. 2003;Seoul, Daemyoung.
- 5. Kang KH. Analysis of nursing activities and cost of nursing service based on the ABC system. JKANA. 1999;5:389–400.
- 6. Kim HR. The study on the cost analysis based on ABC system in the department of laboratory medicine. 2003;Seoul, Yonsei University. Unpublished master's thesis.
- 7. Kim MJ. Cost analysis of community-based home health care versus hospital-based home health care. 2000;Seoul, Yonsei University. Unpublished master's thesis.
- 8. Lee SB. A case study on the cost allocation standard among clinic centers in general hospitals-Y hospital's case. 2001;Jeonju, Jeonju University. Unpublished master's thesis.
- 9. Lee SJ. Cost analysis of home health care with activity-based costing (ABC). 2003;Seoul, Yonsei University. Unpublished doctoral dissertation.
- 10. Lee SJ, Lee SH, Seo JH. Hospital cost accounting. 2001;Seoul, Imagination.
- 11. Lim JM. A study on the refining a cost system in hospital-performance evaluation of clinic departments. 2000;Gwangju, Chonnam National University. Unpublished master's thesis.
- 12. Lim JY. The trend analysis of nursing cost and case analysis. 2007;Seoul, Korea University. Unpublished master's thesis.
- 13. Park JH, Song MS, Sung YH, Cho JS, Sim WH. Estimation of nursing costs for hospitalized patients using the resourcebased relative value scale. 1998;Seoul, KNA.
- 14. Park JH, Sung YH, Song MS, Cho JS, Sim WH. The classification of standard nursing activities in Korea. J Korean Acad Nurs. 2000;30:1411–1426.ArticlePDF
- 15. Park DY, Brandt MT, Levine SP, Paik NW. Activity-based costing and management applied to occupational and environmental health. Korean Ind Hyg Assoc J. 1996;6(1):144–155.
- 16. So SK. A case study on activity-based costing of hospital. 2003;Busan, Inje University. Unpublishedmaster's thesis.
- 17. Storfjell JL, Jessup S. Bridging the gap between finance and clinical operations with activity-based cost management. J Nurs Adm. 1996;26:12–17.Article
- 18. Udpa S. Activity-based costing for hospitals. Health Care Manag Rev. 1996;21:83–96.Article
- 19. Yashikawa T, Inners J, Mitchell F, Tanaka M. Contemporary cost management. 1993;London, Chapman & Hall.
REFERENCES
Figure & Data
REFERENCES
Citations
Citations to this article as recorded by 
- A Methodological Quality Evaluation of Nursing Cost Analysis Research based on Activity-based Costing in Korea
Ji-Young Lim, Wonjung Noh, Jin-A Mo
The Journal of the Korea Contents Association.2016; 16(7): 279. CrossRef - Economic Length of Stay and Opportunity Income of Appendectomy and Pneumonia Using Activity-based Costing
Sang Mi Kim, Hae Jong Lee, Dong Gyo Shin
Health Policy and Management.2013; 23(2): 124. CrossRef - Activity-Based Costing Analysis of Nursing Activities in General Hospital Wards
Ho-Soon Yoon, Jinhyun Kim
Journal of Korean Academy of Nursing Administration.2013; 19(4): 449. CrossRef - Financial Ratio Analysis for Developing Nursing Management Strategies in University Hospitals
Ji Young Lim, Wonjung Noh, Seung Eun Oh, Ok Gum Kim
Journal of Korean Academy of Nursing Administration.2013; 19(1): 7. CrossRef - Korean and United States: Comparison of Costs of Nursing Interventions
Sung-Jung Hong, Eun-Joo Lee
Korean Journal of Adult Nursing.2012; 24(4): 358. CrossRef - Statistical Methods to Control Response Bias in Nursing Activity Surveys
Ji Young Lim, Chang Gi Park
Journal of Korean Academy of Nursing.2012; 42(1): 48. CrossRef - Analysis of Cost and Efficiency of a Medical Nursing Unit Using Time-Driven Activity-Based Costing
Ji Young Lim, Mi Ja Kim, Chang Gi Park
Journal of Korean Academy of Nursing.2011; 41(4): 500. CrossRef - Comparison of Nursing Activity Costs of Chronic Otitis Media Surgery Patients among Time, RBRVS, and CP
Mi Sun Kim, Ji Young Lim
Journal of Korean Academy of Nursing Administration.2010; 16(4): 399. CrossRef
Cite
XML DownloadAn Analysis of Cost and Profit of a Nursing Unit using Performance-Based Costing: Case of a General Surgical Ward in a General Hospital
An Analysis of Cost and Profit of a Nursing Unit using Performance-Based Costing: Case of a General Surgical Ward in a General Hospital
Workload, Relative Values, Activity-Cost, and Classification of Order-Induced/Non Order-Induced of Direct Nursing Activities
*relative value score X activity frequency per month; †relative value score X salary per one relative value score (₩127.75); ‡sum of relative value score X salary per one relative value score; §O: Order-induced activity; X: Non order-induced activity.
Workload, Relative Values, Activity-Cost, and Classification of Order-Induced/Non Order-Induced of Indirect Nursing Activities
*relative value score X activity frequency per month; †relative value score X salary per one relative value score (₩127.75); ‡sum of relative value score X salary per one relative value score; §O: Order-induced activity; X: Non order-induced activity.
Distribution of Nursing Activity Cost (Unit:₩)
Profits of Nursing Ward (Unit:₩)
Table 1
Workload, Relative Values, Activity-Cost, and Classification of Order-Induced/Non Order-Induced of Direct Nursing Activities
*relative value score X activity frequency per month; †relative value score X salary per one relative value score (₩127.75); ‡sum of relative value score X salary per one relative value score; §O: Order-induced activity; X: Non order-induced activity.
Table 2
Workload, Relative Values, Activity-Cost, and Classification of Order-Induced/Non Order-Induced of Indirect Nursing Activities
*relative value score X activity frequency per month; †relative value score X salary per one relative value score (₩127.75); ‡sum of relative value score X salary per one relative value score; §O: Order-induced activity; X: Non order-induced activity.
Table 3
Distribution of Nursing Activity Cost (Unit:₩)
Table 4
Profits of Nursing Ward (Unit:₩)
