Which of the following is NOT required to control the rate of increase in healthcare costs?
A) Cost must be better understood
B) Budgets must provide incentives to control costs
C) Employees must internalize the idea that value is output/cost
D) All of the preceding must occur to control future healthcare costs
Correct Answer:
Verified
Q15: Value equals
A) Output/input
B) Output/throughput
C) Output/cost
D) Output/outcome
Q16: Value in health care can be increased
Q17: Value is determined by
A) What is produced
Q18: Which of the following is NOT required
Q19: Which of the following is NOT required
Q21: The objective and appropriate budget system changes
Q22: Managers are only promoted after they have
Q23: Budgeting is a science where definitive relationships
Q24: All managers are responsible for an organization's
Q25: Ratios provide more insight into organizational performance
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