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Prior to beginning work on this discussion, please read attached article. Just like any industry, healthcare has its own language. Healthcare managers must be able to classify various costs associated with day-to-day operations. For this discussion, you will to discuss the Period Costs. Explain period costs and give an example of period costs as it relates to a healthcare facility (i.e., physician practice, hospital, long-term care facility, urgent care, specialty group practice, or surgery center). Include in your response why it is important for the healthcare manager to know the differences between all the cost listed below when determining financial status.
Direct Costs
Indirect Costs
Product Costs
Period Costs
Fixed Costs
Variable Costs
Semi-variable Costs
Your initial post should be 250 to 300 words.
due 12/9 @9am eastern standard time zone w/ plagiarism report
7 years ago 6
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