Health Care Reforms
Beginning of paper
The key opportunities will be changing processes to reduce the delivered cost of material through cost accounting, imbedded cost and cash flow.
I. Cost Accounting
A. activity-based costing
B. end product
C. expenditures
II. Imbedded Cost
A. customers
B. quality control
C. paying back invisib ....
Middle of paper
.... that seeks to discover true cost levels is a commercially used management accounting system, activity-based costing. Activities that drive cost levels are identified and then analyzed in terms of their value to the production of the end product. For health services the end product would be the aggregation of applied procedures, tests and therapies related to a particular patient treatment. Accounting systems categorize expenditures in terms of labor, materiel and capital, allocating po ....
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Word count: 503
Page count: 2 (approximately 250 words per page)
