Managing the cost of patient care is the top strategic priority of most hospital CFOs today. As healthcare shifts to more data-driven decision making, having clear visibility into key volume, cost and profitability measures across clinical service lines is becoming increasingly important for both long-range and tactical planning activities. In turn, the cost accounting function in healthcare provider organizations is becoming an increasingly important and strategic function.
Download this whitepaper and learn:
- The most common challenges to cost accounting
- Five strategies for efficient and accurate cost accounting and service line analytics
- How other organizations are successfully using cost accounting
Cost Accounting: The Key to
Cost Management and Profitability