Toward a departmental bottom-line perspective.
In the absence of developing a relationship between price paid and cost expended, health care management has no basis for setting financial objectives much less subsequent evaluation. Departmental P&Ls bring the cost-price relationship into perspective.
Schroeder
D H
DH
Riverside Health Systems, Kankakee, Illinois.
D000066:Accounting / Q000592:standards*; D003361:Cost Allocation / Q000379:methods; D003953:Diagnosis-Related Groups / Q000191:economics; D005375:Financial Audit / Q000592:standards; D005376:Financial Management / Q000592:standards*; D006748:Hospital Departments / Q000191:economics*; D014481:United States