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MHA 5001 Unit I Article Critique Vu Minh Duy.docx MHA5001 Healthcare Financ

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MHA 5001 Unit I Article Critique Vu Minh Duy.docx MHA5001 Healthcare Finance Challenges Columbia Southern University MHA5001 Health Care Financial Management Introduction As we a... re living in a consumer-driven era, price and cost information become critically important for any business organization, and healthcare is not an exception. Even introduced long ago, Activity-Based Costing recently proves increasingly helpful in the healthcare sector as discussed by Peter Hilsenrath in the article: œPrice-transparency and cost accounting: challenges for healthcare organizations in the consumer-driven era . This paper also discusses current challenges to healthcare reform, and particularly to healthcare organizations. Summary of the Article The article discusses the use of Activity-Based Costing (ABC) to address one of key challenges in healthcare finance “ the increasing demand for price transparency in the consumer- driven. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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