Until now, cost accounting as a useful tool in hospital financial decision-making has been widely ignored. Although the RCC (ratio of cost to charges) approach still used by 70 percent of healthcare ...

Do these two questions sound familiar? “What makes a good hospital or medical group cost accounting implementation?” and “What is important to know when one embarks in a hospital or medical group cost ...

Although President Joe Biden’s American Rescue Plan Act of 2021 will benefit hospitals through its expansion of subsidies to private insurance coverage, forthcoming federal budget pressure from the ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Accounting software can help small businesses to manage their finances and save time on routine bookkeeping. It can also be cheaper than hiring an accountant, and can simplify the submission of VAT ...

Minor small business accounting errors can have a significant effect on your business's finances. Learn the most common ...