Cost Allocation Review the below question and answer with two opinions. Opinion 1 Opinion 2 Indirect costs must be allocated to assign them to activities that caused them to be incurred. A significant indirect cost in Health Services organizations is the cost of Financial Services. To allocate these costs would it be better to use […]
Do you believe that grouping expenses by diagnosis and procedures (based on type of services provided) is better to use for control and planning than grouping expenses by care setting?
Discussion Question Do you believe that grouping expenses by diagnosis and procedures (based on type of services provided) is better to use for control and planning than grouping expenses by care setting (based on location of service provided)? This is related to Healthcare Finance. (Chapter 6 discusses Expenses (Outflows) – Expenses are the costs that […]