Purchase Solution

key performance indicators in healthcare

Not what you're looking for?

Ask Custom Question

In allocating overhead costs, several different bases may be appropriate. Describe some of the cost and the appropriate units to use such as FTE, sq. footage, percentage of revenues, etc., that are NOT directly patient related. Every organization has overhead costs, so you all should have input here.

Purchase this Solution

Solution Summary

Your tutorial includes 11 suggested allocation bases and tells you the costs that varying based on the activity mentioned.

Solution Preview

What is needed here are cost drivers that are not related to patient activity. So, we do not want activities such as administering medications, cleaning beds, meals served, nursing hours and so forth as these all vary with patient activity (the more patients, the more these go up, right?).

What is a good cost driver or activity that makes costs go up and down but not because ...

Solution provided by:
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
Recent Feedback
  • "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
  • "Thank, this is more clear to me now."
  • "Awesome job! "
  • "ty"
  • "Great Analysis, thank you so much"
Purchase this Solution

Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.