Consult with a local physician’s group.Review the mini case study on page 177 of the textbook (“Cost Accounting”) then create a journal assignment in which you provide one or more recommendations for ways the physician owners can improve profitability without raising rates.

Prompt:

Congratulations! Because you are distinguishing yourself as a skilled healthcare manager, your boss has asked you to consult with a local physician’s group. Review the mini case study on page 177 of the textbook (“Cost Accounting”) then create a journal assignment in which you provide one or more recommendations for ways the physician owners can improve profitability without raising rates. Your recommendations should apply the principles in Exhibit 8.5 and 8.6.

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