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Abstract

Cost studies, productivity, efficiency, and quality of care measures that links between resources and patient outcomes are fundamental issues for healthcare management today. This paper describes the design of a model for process analysis and activity-based costing (ABC) / Management in Health Care Industries in Nigeria as a tool for administrative cost information, strategic decision-making, quality improvement, and cost reduction. The design methodology contains interrelated parts, “Healthcare Process Analysis and Cost Control Analysis”. Processes and activities such as health care procedures, consultation, investigations, research, and so on, were identified together with their causal relationship to costs and products/services rendered. Results reveals that the implementation of the ABC Model for Healthcare Management System (HMS) when fully developed will open ways for new possibilities which includes, process and activity analysis, simulation, price calculations/hospital control costs, improved quality and efficiency of the care they provide to patients and management of their resources better.

References

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Keywords

Activity Based Costing, Healthcare Management System, Decision Making, Cost Control.