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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Magnetic Resonance Imaging Department Cost Study: A Glance from Cyprus
Author(s)
Nicolas Nicolaou
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DOI:10.17265/2328-7136/2017.06.009
Affiliation(s)
Assistant Program Coordinator of Master in Public Administration, The Department of European Studies and International Relations, University of Nicosia, Nicosia 1700 Cyprus
ABSTRACT
MRI (Magnetic Resonance
Imaging) usage tends to be
rapidly increasing over the last decades in clinical applications. Although MRI
service is a powerful and very useful diagnostic tool for the doctors, it is
very expensive. This research paper concerns the economic cost of the NGH (Nicosia General
Hospital) MRI Department for the calendar year 2015. Data were collected and
analysed through triangulate data collection methods. Research methods include
empirical observation, interviews and secondary data analysis. Calculations
were made by the bottom-up method. The total cost for the MRI department for
the year 2015 was €434,987.52. The external services bought from private sector
in order to eliminate waiting list cost €1,071,803. In case NHIS (National Health
Insurance System) was implemented in
2015 possible incomes should be €1,412,152. Nicosia General Hospital MRI
department balance in case NHIS was implemented in 2015 was €94,638.52 loss.
The negative result strongly supports that there is space for improvement in
the MRI department. Our research suggests that changes must be done in the
management of the MRI Department. Implementation of TQM (Total Quality
Management) method could reduce the cost of the aforementioned diagnostic
department. This work is the first cost study for the NGH MRI Department and
could be used as a reference and give basic costing data for MRI service to
healthcare policy makers.
KEYWORDS
MRI cost study, healthcare public sector, Cyprus.
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