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In HealthCare, Hospitals how the costs should be controlled ?

a) Service prices should be reduced

b) Customer Service to be improved and procedures to be minimized

c) Materials management and control the variances

d) any other ?

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Question ajoutée par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC
Date de publication: 2015/02/25
Ramesh Potharla
par Ramesh Potharla , CHIEF ACCOUNTANT , AL MUQADIMAH TRADING LLC

Option B is correct, as once customer satisfaction increases even fee increases also they dont mind, and procedures should be decreased as each procedure will costs more.

Mohammed Salim Allana
par Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

I will go with B, C and D to improve customer services and reduce lengthy medical procedures to reduce cost and improve cost effectiveness by monitoring cost variances and provide customers the value of their money.

imran Noor -
par imran Noor - , Audit Officer , Auditor General of Pakistan

To control cost, material management and control of variances may reduce costs.

(C) is the correct option

fadil hoory
par fadil hoory , محاسب , شركة مقاولات بالسعودية

 Answer(c) possible to be part of the cost reduction because the control of the material help to no textravagantand causean increase profits and reduce costs.But there are other thingsIf the answer is(d)within the options

 

(c) and(d)

Abdussamed M
par Abdussamed M , Account Officer , MVL Group

c) Materials management and control the variances

mohamed Hakim CMA CPA Candidate
par mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

answer b , c and  d 

The three can be managed to control your cost

 

Wasi Rahman Sheikh
par Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Option C is answer <<<<<<<<<<<<<

Nouman Mustafa
par Nouman Mustafa , Finance Manager (Financial Planning & Reporting) , Saudi Arabian Airlines

I think all three options are aligned with cost controlling. However We have to identify each department cost actovities and cost drivers in order to know the costs of each department separately. Based on that we can caculate out the costs through ABC costing since the overheads are high in healthcares and hospitals. So for example after calculating out the costs through abc if dental department incurrs50k per month and dermotology dept. Incurs100k per month and both having same no. Od patients this means derm. Dept. Is incurring high costs than dental dept and so the cost controlling activity should shift to derm. Dept. This will identify hiw costs should be controlled and to what extent.

FITAH MOHAMED
par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

I THINK ANSWER IS 

 

a) Service prices should be reduced

&

b) Customer Service to be improved and procedures to be minimized

 

 

Asim Azaldeen Abdalrahman Mhammed
par Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

Thanx for invitation ..The correct answer is option (C)

حسين محمد ياسين
par حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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