Assignment

Referencing Chapters 5 and 6 in the text, and using evidence in your text or from other sources for support, discuss the three ways to group expenses:

   1. Traditional cost centers, diagnoses/procedures, and care settings.

    2.Compare and contrast the different types of groupings. 

   3. Discuss the pros and cons of each. Provide and explain at least two examples/scenarios in which you would use specific groupings. Justify your response.

   4.Which type of grouping do you think is better to use for control and planning?  Why?

    5.Are there situations/circumstances where certain groupings would be completely inappropriate? Why? 

References

Baker, Judith J.. Health Care Finance: Basic Tools for Nonfinancial Managers, 3rd Edition. Jones & Bartlett Learning, 2009-12-18.