Terie McClintock, Director of Oracle Core at Perficient, recently wrote a blog on cost accounting and new reimbursement models:
Costing systems need to be freed from the back room and become a relevant corner stone for preparing forecasts and capacity planning models that incorporate operational, statistical and financial data in one place to enable sound planning and decision making. Healthcare providers should seek a common understanding of the business drivers and their effect on operations and financial profitability and cost.
To read Terie’s full blog post, click here.