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Health Care Reforms
Beginning of paper
The key opportunities will be changing processes to reduce the delivered cost of material through cost accounting, imbedded cost and cash flow.
I. Cost Accounting
A. activity-based costing
B. end product
C. expenditures
II. Imbedded Cost
A. customers
B. quality control
C. paying back invisible costs
III. Cash Flow
A. timely acco .... Middle of paper
.... the production of the end product. For health services the end product would be the aggregation of applied procedures, tests and therapies related to a particular patient treatment. Accounting systems categorize expenditures in terms of labor, materiel and capital, allocating pools of common expenses and overhead that can't be directly traced to a specific product or service. The impreciseness of most allocation techniques tends to misrepr ....
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Number of words: 503
Number of pages: 2 (approx. 250 words per double-spaced page)
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