Until now, cost accounting as a useful tool in hospital financial decision-making has been widely ignored. Although the RCC (ratio of cost to charges) approach still used by 70 percent of healthcare ...

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 ...

Although President Joe Biden’s American Rescue Plan Act of 2021 will benefit hospitals through its expansion of subsidies to private insurance coverage, forthcoming federal budget pressure from the ...