HSA 525 Week 3 Discussion 2
"Fixed and Variable Costs" Please respond to the following: Assume that you are a financial administrator of a hospital, and you are responsible for reducing fixed costs for the facility. Determine the most significant fixed cost within the hospital, and recommend a strategy for reducing this cost 10% over the next year. Provide support for your strategy. As a health care administrator, suggest the type of costs that you are most likely to control. Suggest an approach to drive down this particular cost area. Provide support for your rationale.
You'll get 1 file (14.7KB)