Some cost management methods are obsolete, but activity-based costing can accurately measure and assess clinical costs by providing insights into how resources are used, and by whom, Rob DeMichiei ...

Carriers that include XTL, Averitt and Old Dominion use SMC3’s activity-based costing system, a profitability management tool called Cost Intelligence System (CIS) that interfaces with major TMS ...

Value-Based Healthcare (VBHC): A framework that focuses on maximising patient outcomes relative to the cost of care, promoting sustainable and patient-centred practices. Activity-Based Costing in ...

Ultimately, it's pushing institutions to get a clear picture of the true cost of care through activity-based costing (ABC). In many industries, the cost-accounting discipline has offered a time-tested ...