The Neglected Driver of Health Care Spending

Question

• Importance to Finance or Accounting in Healthcare. Many times overhead represents areas that provide in-direct patient care services.  Increases reduce your profit, but what impact might reductions have?  What actions might you take int he annual budgeting process to right-size the overhead budget? When developing new strategies, should overhead growth be included in that discussion?  Why or why not? (a maximum of 100 words)

• Student Conclusion.  Does the knowledge help you as a student better understand the value of Finance and Accounting in Healthcare? (a maximum of 100 words)