CHAPTER 12‚ Cost‚ Access‚ and Quality Study Guide TERMINOLOGY *Access to care may be defined as the timely use of needed‚ affordable‚ convenient‚ acceptable‚ and effective personal health services. Accessibility refers to the fit between the location of a provider and the location of patients. *Administrative costs are costs associated with the management of the financing‚ insurance‚ delivery‚ and payment functions. These costs include management of the enrollment process‚ setting
Premium Medicine Health care Health care provider
many different theories that are used in the nursing profession. Each of these theories have their own concept and uniqueness that can be applied in a nursing capacity. All nursing theories have some form of connection to the advanced practice nurse (APN) practice. There are different types of theories for nursing circumstances. It is important for APN to obtain a good understanding and know how to apply the theory to their practice. Some of these nursing theories are Maslow’s theory‚ Orem Self Care
Premium Nursing Patient Nursing theory
Nursing Specialty: Legal Nursing Central Methodist University Historical Trends in Nursing NU25 July 07‚ 2013 Nursing Specialty: Legal Nursing The world of healthcare is one of frequent changes. Those who have dedicated themselves to the nursing profession understand that healthcare is continuously evolving‚ as it is our responsibility to provide only the highest standard of care to our patients. Each nurse that is certified within a nursing specialty strengthens the entire healthcare
Premium Nursing Nurse Health care
Culture Competence in Nursing Shannon Karlsson California State University‚ Chico Introduction According to the United States Census Bureau (2010)‚ over 30% of the total population in the United States is comprised of various ethnicities other than non-Hispanic Whites. This statistic highlights that the United States (US) has a significant multicultural population today. These diverse cultures bring with them new languages‚ religious beliefs and practices‚ social structures‚ and health care
Premium Sociology Culture Nursing
Cost Classifications for Decision-Making. Every decision involves choosing from among at least two alternatives. Only those costs and benefits that differ between alternatives are relevant in making the selection. This concept is explored in greater detail in the chapter on relevant costs. However‚ decision-making contexts crop up from time to time in the text before that chapter‚ so it is a good idea to familiarize students with relevant cost concepts. 1. Differential Costs. A differential cost
Premium Costs
Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
Premium Costs Cost driver Cost
Cost of Quality (COQ) "The cost of quality." It’s a term that’s widely used – and widely misunderstood. The "cost of quality" isn’t the price of creating a quality product or service. It’s the cost of NOT creating a quality product or service. Every time work is redone‚ the cost of quality increases. Obvious examples include: The reworking of a manufactured item. The retesting of an assembly. The rebuilding of a tool. The correction of a bank statement. The reworking of a service‚ such as
Premium Costs Quality control Quality assurance
Cost Classification Introduction: In this assignment I will be discussing how costs incurred in any organization may be classified in a number of different ways for a number of different purposes. I will also be looking to find companies that use a variety of different costing techniques and methods. I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing can also be compared with these. To complete the assignment I will
Premium Costs Variable cost Marginal cost
We already know that following are the important cost concepts related to the production process of a firm: • Fixed Cost • Varibale Cost • Average Cost • Marginal Cost please refer to following page Introduction to Cost Concepts to understand various cost concepts in detail. Here we will briefly state again the meaning of above stated cost concepts for better understanding of the module on short run cost analysis. Fixed Cost is that cost which does not change (that is either goes up or
Premium Marginal cost Costs Economics
Multiple Choice Questions 16. Which terms would make the following sentence true? Manufacturing companies that benefit the most from activity-based costing are those where overhead costs are a _________ percentage of total product cost and where there is ___________ diversity among the various products that they produce. A) low‚ little B) low‚ considerable C) high‚ little D) high‚ considerable 17. Would factory security and assembly
Premium Costs Cost accounting Activity-based costing