One of the key reasons to implement and maximize the use of managerial accounting practices in healthcare is to establish rational means to budget for and measure the financial performance of the organization.

Review the following links:

https://hbr.org/2013/10/the-strategy-that-will-fix-health-care

http://www.oracle.com/us/industries/healthcare/042343.pdf

Express your own judgment and give examples of how you would cut costs while improving care quality in a health care organizations service line. Discuss both pros and cons of your initiatives.