Cost Analysis in Healthcare

CT Score

1500

#0 of 0 in MGMT

Difficulty

—/10

Workload

—h/wk

Median grade

—

from grade distribution

Would take again

—

n = 0 verified

Grade distribution

No distribution published for this course.

By professor: same course, different game

PROFESSORSCOREGRADEHRS/WKTERMS

Professor ratings →

Sections

No section data for this term yet.

In the tree

MGMT 502 or MGMP 502 or MGMW 502 or MGMT 802 Description: As healthcare costs continue to rise at an alarming rate in U.S. over the past decade (about 20% of GDP by some accounts), issues relating cost measurement and management in the delivery of healthcare have also taken center stage. Experts in business and management have argued that extant cost systems do a poor job of measuring how much it costs to treat patients. Absent accurate measurement of these costs, many decisions could go wrong. Cost management and efficiency initiatives would be misguided, and medical reimbursements would lack proper cost bases. These concerns have triggered advances in cost measurement and management techniques that are useful not just in the healthcare setting, but also in other service organizations. The purpose of this elective is to help students develop a critical understanding of the nature of costs in healthcare delivery, their measurement in a variety of decision contexts, and how they can be managed and improved. Students will be exposed to tools such as the break-even analysis, role of cost allocations, activity-based costing, time-driven activity based costing, and cost control→MGMT 673→unlocks 0 courses

No mapped courses require this one yet. See on the map →

Study groups

0 active

🔒 Verified-only writes. You post as “sophomore, lecture section”: real enough to trust, anonymous enough to be honest.