Profit centers in clinical care departments: an idea whose time has gone
Young, D.W.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 62(3): 66-71
2008
ISSN/ISBN: 0735-0732 PMID: 19097609 Document Number: 620343
If a hospital is to use profit centers successfully, it should resolve several philosophical, organizational, and accounting matters, including: How much decisionmaking latitude clinical care chiefs should have. Whether to take a cross-subsidization approach. What role clinical care departments should take in a service line strategy.