In light of major changes in motion regarding reimbursement and care delivery models, cost has become mission-critical for every hospital and healthcare delivery system. The movement from traditional ...

As the business model of healthcare continues its long- term shift away from fee-for-service to fee-for-value, CFOs are starting to shift their focus from strictly driving the top line to figuring out ...

82% of healthcare finance leaders say cost management and reductions are very important to maintaining or rebuilding their organizations' fiscal health. An effective costing system brings together ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Cost accounting may not be the most exciting way for a business owner to spend a Friday night. However, understanding the basics of cost accounting can help you track costs, increase profits, and ...

A full cost accounting system is designed to measure the complete, true costs of goods and services. While standard cash flow accounting practices focus on direct, current costs and expenditures, full ...