Health service providers are having to carefully manage the use of scarce resources while meeting a growing demand for services and rising expectations for quality. Conducting cost and revenue analyses can greatly increase managers� understanding of the factors that affect resource use, including staffing patterns, service mix, service practices, and procurement. The information these tools generate helps managers consider different ways of producing services in order to reduce costs, increase revenues, or both. Conducting a cost and revenue analysis is particularly useful to organizations that are trying to meet major management challenges, such as expanding existing services, integrating new services, or working toward financial sustainability.
Contributors: Open Source, SIGCategories: Template
SRC Type: Evaluation and Selection, Realization, Sourcing