Health Care Reforms

Part I of Essay
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 contro ....

Part II of Essay
.... 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 pools of common expenses and overhead that can't be directly traced to a specific product or service. The impreciseness of most all ....