Profit centers in clinical care departments: an idea whose time has gone.
If a hospital is to use profit centers successfully, it should resolve several philosophical, organizational, and accounting matters, including: How much decisionmaking latitude clinical care chiefs should have. Whether to take a cross-subsidization approach. What role clinical care departments should take in a service line strategy.
Young
David W
DW
Health Sector Program, Boston University School of Management, Boston, USA. davidyoung204@cs.com
D003953:Diagnosis-Related Groups / Q000191:economics; D004059:Diffusion of Innovation; D005377:Financial Management, Hospital / Q000458:organization & administration*; D006748:Hospital Departments / Q000191:economics*; D014481:United States