Financial management series. Functional value analysis.
A brief explanation of the process of functional value analysis, an in-depth method of developing cost-saving ideas, is provided in this article. Steps for preliminary preparation are discussed, then the actual phases of functional value analysis are described. This analysis is a complete method for developing and assessing cost-saving measures during this time of increasing pressures in the health care arena.
D000288:Administrative Personnel; D003362:Cost-Benefit Analysis / Q000379:methods*; D004471:Economics, Nursing; D006801:Humans; D009718:Nurse Administrators; D009741:Nursing Staff, Hospital / Q000191:economics / Q000458:organization & administration