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One question that is bound to emerge as this transformation takes place is how to compute the cost of various tests and procedures. Hospitals historically have computed the full cost of a test or procedure by using a ratio of cost to charges (RCC), but such an approach provides reasonably accurate information only when patients are grouped into, say, service lines or DRGs, and, even then, it provides, at best, a good estimate of the cost of caring for a group of patients. It does not even approximate the cost of any given test or procedure, such as a chest X-ray, a CT scan, or an MRI, As a result, departments of radiology are particularly susceptible to the misleading cost information that emerges from use of an RCC methodology. If these departments are to play an active role in their hospital’s cost containment strategy, they will need better information.
Citation: Young DW (2015) What does an MRI Cost?. J Med Diagn Meth 4:167.
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