Health Care Cost Accounting and Estimates

Health Care Cost Accounting and Estimates

Review Chapter 16 of Baker’s Health Care Finance: Basic Tools for Nonfinancial Managers, and respond to the following:

• Discuss the common uses of estimates in a health care organization and describe the advantages and disadvantages of each use.
• Cost accounting is accounting for all fixed and variable costs associated with the production of a product line or service line.
• Explain how health care administrators can improve their strategic decision-making through cost accounting of their service lines.

Remember to use citations and references as appropriate. Your post must follow APA style and formatting guidelines.