Cost overruns and extraordinary spending by healthcare organizations harms the sustainability of the healthcare organization. Through activity-based
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Cost overruns and extraordinary spending by healthcare organizations harms the sustainability of the healthcare organization. Through activity-based costing (ABC), the healthcare industry is working to combat disproportionally rising costs to GDP in the United States (HealthCatalyst, 2018). Read Service Lines and Activity-Based Costing Reveal True Cost of Care for UPMC, available at:
https://www.healthcatalyst.com/success_stories/activity-based-costing-in-healthcare-upmc
Explain how activity-based costing can be used to mitigate rising costs and the change in patient perception.
Related Book For
Introduction To Health Care Management
ISBN: 9781284081015
3rd Edition
Authors: Sharon B. Buchbinder, Nancy H. Shanks
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