The pricing principles for services in HUS hospitals are confirmed by HUS Group’s General Meeting. The main principle for pricing is to support a fair distribution of the costs of care between different wellbeing services counties.
The prices of services are set once a year for the following year on a cost-basis, with the aim of covering all the costs of running the hospital. The same pricing principles are used for our member wellbeing services counties, other wellbeing services counties, and patients from other payers. Product and service prices are approved by the CEO and updated annually.
Service price setting utilizes the productization of specialized healthcare. Products are made up of a variety of services included in the treatment and the product price includes the cost of all services used in the treatment. The price of an individual service included in a product is determined by the cost of providing it. Price setting is therefore heavily based on cost accounting, which also considers anticipated changes in operations, production volumes, and cost levels. We can also sell services as separate deliverables by agreement. Productization of the services helps planning services to the wellbeing services counties, as well as planning and monitoring operations in HUS units.
The nature of some of the services we sell is such that it is not sensible to use the pricing principle described above for their pricing. For example, services provided by the Poison Information Center, costs related to patient insurances, and costs of Medical Helpline and emergency medical services, are charged according to the budgeted costs in proportion to the population of each wellbeing services county.