Applying activity-based costing to healthcare settings.
Activity-based costing (ABC) focuses on processes that drive cost. By tracing healthcare activities back to events that generate cost, a more accurate measurement of financial performance is possible. This article uses ABC principles and techniques to determine costs associated with the x-ray process in a midsized outpatient clinic. The article also provides several tips for initiating an ABC cost system for an entire healthcare organization.
Canby
J B
JB
U.S. Navy, Washington, DC, USA.
D003361:Cost Allocation / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D018803:Models, Economic; D011872:Radiology Department, Hospital / Q000191:economics*; D013647:Task Performance and Analysis; D014481:United States