ABC Costing Workshop for Hospitals, Clinics and Health Care Industry
Workshop Objective
Participants will acquire knowledge of an analytical methodology focused on the analysis and decision-making of cost reduction in health care institutions, in order to achieve efficient allocation of resources and increases in profitability. Participants will obtain accurate costing of diseases, clinical studies, radiology, imaging,
physiotherapy.
Benefits of Activity-Based Costing
The methodology generates accurate costs information based on the activities carried out by the organization. The analysis and use of information allows to easily detect and capture opportunities for:
- Cost Reduction
- Resource allocation based on the conditions treated
- Improvement of the efficiency of processes and activities
- Analysis of utilization and capacity of activities
- Profitability Analysis
- Analysis and optimization of product portfolio by client
- “Activity-Based” Budgeting
- Determination of Management Indicators
Knowledge Transfer / Agenda
Focused on participants:
- Knowing the methodology of activity-based costing and its application in GRD, Groups related to the diagnosis, identifying the type of ABC Cost model to use, such as Push Model, Pull Model, Time Driven ABC.
- Prepare the accounting and resources to include in the ABC Costing.
- Learn techniques for surveying Activities and Processes.
- Identify the cost objects: clients, products, channels, business segments for which it is necessary to know the real costs and their profitability.
- Determine drivers for cost allocation.
- Integrate profitability.
- Learn how to analyze ABC information to reduce costs, improve processes, increase profitability, and make budgets.
- Determine key financial and non-financial performance indicators.
Practical Case and Example of ABC Costing in Hospitals and Clinics
Participants must bring computer equipment since they will be provided with Excel files to solve the practical case of ABC Costs in hospital services.
ABC Costing Model in Hospitals and Clinics
An ABC Costing model represents all operational areas of the organization, involves accounting (recorded costs and expenses) and the business segments to be costed (products or services, product families, regions, customers, branches). A model contains the operational structure. In the model, the data changes from period to period and therefore the results obtained by the organization.