Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Amanda ...
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 ...
Author discusses the ethics of disclosing the cost of treatments to patients before prescribing them and weighing financial risk vs medical care. The practice of medicine requires high moral standards ...