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Biomedical subjects

A J Baptist

Publications and source records attributed to A J Baptist.

9 recordsLinked to original sources

Strategies for boosting outpatient care profitability.

With outpatient charges approaching one-fourth of hospital revenues nationwide, healthcare providers are pressed to handle this care more efficiently and profitably. Five steps toward healthier profit margins for outpatient services involve finding ways to expand volume and market share; setting and meeting strict quality standards; studying operational efficiency; working with physicians to improve productivity; and monitoring price-cost relationships.

Costs and Cost Analysis↗

Developing a solid base for a cost accounting system.

Henry Ford Hospital recently conducted a procedural costing study to determine if more accurate costs for various institutional procedures could be developed. The hospital conducted the study in two phases. The first phase looked at a specific department while phase two took a broader approach and covered the entire institution. This article examines the department-specific phase in which the diagnostic radiology department was selected as the participant. The study concluded that by allocating costs to the procedural level using relative value units and feeding this information into the case-mix system, departmental costs could be accurately identified.

Accounting↗