Improving hospital cost accounting with activity-based costing

Health Care Manage Rev. Winter 1993;18(1):71-7.

Abstract

In this article, activity-based costing, an approach that has proved to be an improvement over the conventional costing system in product costing, is introduced. By combining activity-based costing with standard costing, health care administrators can better plan and control the costs of health services provided while ensuring that the organization's bottom line is healthy.

MeSH terms

  • Accounting / trends*
  • Cost Allocation / methods*
  • Cost Control / methods
  • Financial Management, Hospital / methods*
  • Humans
  • United States