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Essay Galaxy - Health Care Reforms Health Care Reforms

The key opportunities will be changing processes to reduce the delivered cost of material through cost accounting, imbedded cost and cash flow. I. Cost Accounting A. activity-based costing B. end product C. expenditures II. Imbedded Cost A. customers B. quality control C. paying back invisible costs III. Cash Flow A. timely accounts payable cycle B. supply replenishment C. reduced costs Conclusion: The core of the materiels management strategic plan will be providing the information needs that will bring all the participants together in the logistics process. With health care reform, hospitals will be differentiated in the market place by how well they manage cost of services. Because products will be market priced, hospital materiel managers will have to minimize all other related acquisition costs. The key opportunit....

Number Of Pages: 2 Number Of Words: 518

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