Demonstrating how the program contributes to the hospital’s financial viability is necessary to secure administrator support. It is recommended that the team partner with colleagues familiar with the hospital’s financial systems and accounting practices. However, the team may still need to conduct its own data collection and analysis to present the financial case for palliative care.

Financing a Program presents an overview of principles and select spreadsheets useful to conducting financial analyses in support of palliative care programs.

Estimating Program Volume, LOS and Daily Census
Forecasting Future Patient Volume
Estimating Cost Savings
Estimating Hospital Revenue Enhancement
Estimating Hospital Billing Revenues
Estimating Revenues from Physician Billing
Palliative Care and Philanthropy
Estimating Costs

For more assistance on estimating volume and impact, as well as sample budget formats, view this comprehensive tutorial or see our Financial Tools.

CAPC's Guide to Building a Hospital-Based Palliative Care Program expands the information on this website and provides the rationale, detailed steps and tools for conducting a range of financial analyses.