Hospitals can benefit from LIFO system.
Hospitals should examine a switch to LIFO accounting as one method of fighting inflation and increasing reimbursement.
D000066:Accounting / Q000379:methods*; D003365:Costs and Cost Analysis; D007250:Inflation, Economic; D007445:Inventories, Hospital / Q000191:economics*; D008421:Materials Management, Hospital / Q000191:economics*; D014481:United States