Indian Journal of Radiology and Imaging Indian Journal of Radiology and Imaging

MISCELLANEOUS
Year
: 2020  |  Volume : 30  |  Issue : 2  |  Page : 190--194

Life cycle costing of MRI machine at a tertiary care teaching hospital


Anupam Sahu1, H Vikas2, Nishant Sharma2 
1 Army Medical Corps, AIIMS, New Delhi, India
2 Department of Hospital Administration, AIIMS, New Delhi, India

Correspondence Address:
Dr. H Vikas
Department of Hospital Administration, AIIMS, New Delhi - 110 029
India

Background: Life cycle costing (LCC) is an excellent decision-making tool that can assist a hospital administrator in seeking more cost-effective decisions to select the best course of action. LCC can be defined as “an economic assessment of competing design alternatives, considering all significant costs of ownership over the economic life of each alternative, expressed in equivalent rupees. Aim: To determine the LCC of magnetic resonance imaging (MRI) machine at a tertiary care teaching hospital. Settings and Design: A descriptive, observational study in MRI scan center of a tertiary care teaching hospital. Materials and Methods: LCC analysis (LCCA) was performed to ensure total cost visibility for the entire life span of the MRI scan equipment, which was assumed to be 10 years. Statistical Analysis: Data were analyzed using MS Excel. Results and Conclusions: The total cost per MRI scan was calculated to be Rs. 2944. It was estimated that the MRI scan center would reach the break-even point by the end of the third year.


How to cite this article:
Sahu A, Vikas H, Sharma N. Life cycle costing of MRI machine at a tertiary care teaching hospital.Indian J Radiol Imaging 2020;30:190-194


How to cite this URL:
Sahu A, Vikas H, Sharma N. Life cycle costing of MRI machine at a tertiary care teaching hospital. Indian J Radiol Imaging [serial online] 2020 [cited 2020 Sep 18 ];30:190-194
Available from: http://www.ijri.org/article.asp?issn=0971-3026;year=2020;volume=30;issue=2;spage=190;epage=194;aulast=Sahu;type=0