open access

Vol 17, No 3 (2012)
Original research articles
Published online: 2012-05-01
Submitted: 2011-07-07
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Investment in radiotherapy infrastructure positively affected the economic status of an oncology hospital

Mirella Śmigielska, Piotr Milecki
DOI: 10.1016/j.rpor.2012.01.010
·
Rep Pract Oncol Radiother 2012;17(3):151-156.

open access

Vol 17, No 3 (2012)
Original research articles
Published online: 2012-05-01
Submitted: 2011-07-07

Abstract

Background

Radiotherapy is among the most efficient treatment methods of cancer. However, a radiotherapy base needs a substantial financial investment, especially before the beginning of its operation, and in some cases, in developing countries such a huge investment may cause some financial disturbances for a hospital concerned.

Aim

To assess the influence of investments modernizing the radiotherapy base in the period between 2000 and 2007 on the financial condition of the oncology hospital in the region with population of about 3 million.

Material and methods

Financial reports and medical statistics for the period between 2000 and 2007 from the studied oncology hospital and a recognized staffing model, as well as data on epidemiological situation of the region have been used to calculate the economic effects of financial investment in the radiotherapy base.

Results

The growth of RT therapeutic potential has been driven by two cost-effective investment programmes. The total amount invested in both programmes was PLN 127,191,000.

The number of radiotherapy patients treated in the hospital increased from 2301 in 2000 to 4799 in 2007 with a the same number of five therapeutic machines, although all five of them were replaced over that period. Investments modernizing the radiotherapy base lead to a significant increase in depreciation and operating costs, which adversely affects financial results of the hospital.

Conclusion

Long term trends showed that investments had positive influence on hospital performance shown both in increased income and larger number of patients treated.

Abstract

Background

Radiotherapy is among the most efficient treatment methods of cancer. However, a radiotherapy base needs a substantial financial investment, especially before the beginning of its operation, and in some cases, in developing countries such a huge investment may cause some financial disturbances for a hospital concerned.

Aim

To assess the influence of investments modernizing the radiotherapy base in the period between 2000 and 2007 on the financial condition of the oncology hospital in the region with population of about 3 million.

Material and methods

Financial reports and medical statistics for the period between 2000 and 2007 from the studied oncology hospital and a recognized staffing model, as well as data on epidemiological situation of the region have been used to calculate the economic effects of financial investment in the radiotherapy base.

Results

The growth of RT therapeutic potential has been driven by two cost-effective investment programmes. The total amount invested in both programmes was PLN 127,191,000.

The number of radiotherapy patients treated in the hospital increased from 2301 in 2000 to 4799 in 2007 with a the same number of five therapeutic machines, although all five of them were replaced over that period. Investments modernizing the radiotherapy base lead to a significant increase in depreciation and operating costs, which adversely affects financial results of the hospital.

Conclusion

Long term trends showed that investments had positive influence on hospital performance shown both in increased income and larger number of patients treated.

Get Citation

Keywords

Radiotherapy; Investment; Economic analysis; Organization and management

About this article
Title

Investment in radiotherapy infrastructure positively affected the economic status of an oncology hospital

Journal

Reports of Practical Oncology and Radiotherapy

Issue

Vol 17, No 3 (2012)

Pages

151-156

Published online

2012-05-01

DOI

10.1016/j.rpor.2012.01.010

Bibliographic record

Rep Pract Oncol Radiother 2012;17(3):151-156.

Keywords

Radiotherapy
Investment
Economic analysis
Organization and management

Authors

Mirella Śmigielska
Piotr Milecki

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