Lining up your service lines.
Steps in implementing a service line approach include: Defining the service line. Allocating service line revenue and expense. Analyzing service line contribution margin and profitability. Determining the value of other factors. Creating standards for investment decisions, benchmarking, and ranking.
Ernst & Young, Health Sciences Advisory Services, Iselin, NJ, USA. Steven.bilsky@ey.com
Steven D
SD
Bilsky
Jeffrey M
JM
Aber
D019985:Benchmarking; D004180:Direct Service Costs; D017598:Efficiency, Organizational; D005376:Financial Management / Q000458:organization & administration*; D006298:Health Services Administration; D006801:Humans; D007449:Investments; D040841:Resource Allocation / Q000458:organization & administration