Why revisit your cost-accounting strategy

Healthc Financ Manage. 2014 Jul;68(7):68-73.

Abstract

Healthcare entities seeking to develop effective cost-accounting systems should take six steps to avoid potential pitfalls: Secure broad executive-level support for the effort. Ensure systems are in place to analyze the disparate data. Define measurable objectives to ensure that implementation achieves desired results. Give due consideration to implementation planning. Train support staff sufficiently to avoid underutilization. Develop a sufficiently broad base of staff support for the system.

MeSH terms

  • Accounting / organization & administration*
  • Cost-Benefit Analysis / organization & administration
  • Economics, Hospital
  • Health Care Reform
  • United States