H f m acrcr exam - Study guides, Class notes & Summaries

H F M ACRCR EXAM H F M ACRCR EXAM WITH GUARANTEED ACCURATE ANSWERS Why is cost accounting so important in health care? - Accurate AnswerThough costs have such a minor role in dermining prices, cost accounting is very important in a healthcare organization. Because reimbursment is predetermined, management must focus primarily on finding ways to manage costs, so cost accounting is critical. Cost information is useful to a variety of key decisionmakers in a healthcare organization. Diff...