Financial model for a transitional pain service at a large tertiary academic center in the USA
Authors' conclusion
This tool and these findings are important for informing health systems of operational and financial considerations when implementing a TPS program.
Study context
- Population
- Clinicians and administrators at Michigan Medicine and TPS leaders at peer institutions across the US and Canada; transitional pain service for high-risk surgical patients
- Outcome
- Business case for a transitional pain service (TPS)
Methodological detailssemistructured interviews, literature search and financial analysis, modifiable financial modeling tool, Modifiable financial modeling tool freely available for download, adaptable to any healthcare institution
- Semistructured interviews, literature search and financial analysis
- Modifiable financial modeling tool
- Modifiable financial modeling tool freely available for download, adaptable to any healthcare institution
Main finding
As reported in the abstract
- Primary source of cost savings attributed to reduction in LOS
- Several operational options exist for a TPS performing at breakeven or positive net profit
Original publication
Financial model for a transitional pain service at a large tertiary academic center in the USA. Reg Anesth Pain Med. Published 16 December 2023. doi:10.
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