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  • Title: Hospital cost accounting: implementing the system successfully.
    Author: Burik D, Duvall TJ.
    Journal: Healthc Financ Manage; 1985 May; 39(5):76-88. PubMed ID: 10278320.
    Abstract:
    To successfully implement a cost accounting system, certain key steps should be undertaken. These steps include developing and installing software; developing cost center budgets and inter-cost center allocations; developing service item standard costs; generating cost center level and patient level standard cost reports and reconciling these costs to actual costs; generating product line profitability reports and reconciling these reports to the financial statements; and providing ad hoc reporting capabilities. By following these steps, potential problems in the implementation process can be anticipated and avoided.
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