Discuss how activity-based costing can be used to mitigate rising costs and the change in patient perception. Use research to support your statement in your few paragraphs original discussion post
Cost overruns and extraordinary spending by healthcare organizations harm the sustainability of the healthcare organization. Through activity-based costing (ABC), the healthcare industry is working to combat disproportionally rising costs to GDP in the United States (HealthCatalyst, 2018). Read Service Lines and Activity-Based Costing Reveal True Cost of Care for UPMC, available at: https://www.healthcatalyst.com/success_stories/activity-based-costing-in-healthcare-upmc and discuss […]