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Activity‐Based Costing and Its Application in a Turkish University Hospital
Author(s) -
Yereli Ayşe Necef
Publication year - 2009
Publication title -
aorn journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.222
H-Index - 43
eISSN - 1878-0369
pISSN - 0001-2092
DOI - 10.1016/j.aorn.2008.09.002
Subject(s) - activity based costing , cost accounting , operations management , business , turkish , service (business) , medical emergency , accounting , medicine , economics , marketing , linguistics , philosophy
Resource management in hospitals is of increasing importance in today's global economy. Traditional accounting systems have become inadequate for managing hospital resources and accurately determining service costs. Conversely, the activity‐based costing approach to hospital accounting is an effective cost management model that determines costs and evaluates financial performance across departments. Obtaining costs that are more accurate can enable hospitals to analyze and interpret costing decisions and make more accurate budgeting decisions. Traditional and activity‐based costing approaches were compared using a cost analysis of gall bladder surgeries in the general surgery department of one university hospital in Manisa, Turkey. AORN J 89 (March 2009) 573–591. © AORN, Inc, 2009.