Table 1 The costs and number of healthcare providers (HCP) required for MIPS versus open techniques
Procedure type | HCP | Number of HCP | Hourly wage ($/h) | Hours | Total cost ($) |
|---|---|---|---|---|---|
MIPS | Nurse | 1 | 44.72 | 0.10 | 4.41 |
Surgeon | 1 | 140.00 | 0.10 | 13.81 | |
Total Provider Cost | 18.22 | ||||
Open/Incision | Nurse | 3 | 44.72 | 1.13 | 151.60 |
Surgeon | 1 | 140.00 | 1.13 | 158.20 | |
Anaesthesiologist | 1 | 125.00 | 1.13 | 141.25 | |
Total Provider Cost | 451.05 |