OPTIMAL SHARING OF SURGICAL COSTS IN THE PRESENCE OF QUEUES

Carmen Herrero () and Paula González

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: We deal with a cost allocation problem arising from sharing a medical service in the presence of queues. We use a standard queuing theory model in a context with several medical procedures, a certain demand of treatment and a maximum average waiting time guarantee set by the government. We show that sharing the use of an operating theatre to treat the patients of the different procedures, leads to a cost reduction. Then, we compute an optimal fee per procedure for the use of the operating theatre, based on the Shapley value. Afterwards, considering the post-operative time, we characterize the conditions under which this cooperation among treatments has a positive impact on the average post-operative costs. Finally, we provide a numerical example constructed on the basis of real data, to highlight the main features of our model.

Keywords: Surgical Waiting Lists; Queueing Theory; Cost-Sharing Game. (search for similar items in EconPapers)
Pages: 25 pages
Date: 2001-10
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Citations: View citations in EconPapers (1)

Published by Ivie

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http://www.ivie.es/downloads/docs/wpasad/wpasad-2001-27.pdf Fisrt version / Primera version, 2001 (application/pdf)

Related works:
Journal Article: Optimal sharing of surgical costs in the presence of queues (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:2001-27

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