A new report underscores the significant financial burden that denials pose for organizations. Revenue cycle leaders need to address denials management and embrace tech solutions, and they should have ...

Activity-based costing, or ABC, is a costing method that managers can use for internal cost reporting and decision making. While ABC isn't allowed for external financial reporting, companies may find ...

The healthcare financial environment was already complex, with changing payer requirements and mergers and acquisitions taking place. Then COVID turned healthcare organizations’ finances upside down.

Construction projects require a range of inputs, from labor to various types of materials and tools. Identifying the exact cost of all inputs for specific jobs can be challenging. Costing techniques ...

Product costing is a methodology associated with managerial accounting, i.e., accounting intended to serve management in an operational context rather than to measure corporate performance as such, ...

“With careful management, most campuses can reduce this number to less than 10 percent,” says the report, “creating over 5 percent ‘free’ classroom capacity (e.g., a campus with 100 classrooms ...