You are the manager in a health care organization

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arinru0609

Health Medical

Description

400 t0 600 words

You are the manager in a health care organization, and you have been directed to come up with a plan to cut your budget by 5%. Discuss the following:

  • What expenses will you cut? Justify the cuts you choose.
  • Describe how these cuts will affect patient-centered care.
    • Include both positive and negative effects.

Provide at least 1 reference for this discussion.

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Explanation & Answer

Attached.

Running Head: COST ACCOUNTING FOR A HEALTHCARE ORGANIZATION

Cost Accounting For A healthcare Organization
Student’s Name
Institution of Affiliation
Course
Date

1

COST ACCOUNTING IN HEALTHCARE ORGANIZATIONS

2

Expenses I will cut with Justification
The process of budgeting is a significant element of management systems control since it
facilitates a manner in which planning, coordination and management control takes place.
Despite the fact that every essential item is given consideration during the budgeting process in
every organization, attention ought to be given for the justification of each cost and that which is
considered exaggerated has to be cut off in order to create a sustainable profit margin in terms of
organizational revenue and expenses(Young, 2008). The aspect of increasing revenue minus
overloading this healthcare organization employees or sacrificing the...


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