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Related Experiment Videos

Costing and pricing.

T Jones

    Health Services Management
    |December 9, 1992
    PubMed
    Summary
    This summary is machine-generated.

    NHS accountants are preparing to implement a new uniform costing methodology. General managers must understand its impact on service pricing and contracts before the final report is released.

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    Area of Science:

    • Health economics
    • Healthcare management
    • Cost accounting

    Background:

    • The National Health Service (NHS) is anticipating a new uniform costing methodology.
    • Accountants are poised to implement this methodology using spreadsheets.
    • There is a need for clarity on the implications of this costing approach.

    Purpose of the Study:

    • To outline the forthcoming uniform costing methodology in the NHS.
    • To inform general managers about the impact on service pricing and contracts.
    • To ensure timely understanding and application of the new costing system.

    Main Methods:

    • Analysis of the emerging uniform costing methodology from the National Steering Group on Costing.
    • Review of the implications for general managers' roles in pricing and contracting.

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  • Preparation for the final report, "Costing for contracts."

    • Main Results:

    • Accountants are ready to apply the new costing methodology.
    • The final report, "Costing for contracts," is pending.
    • General managers need to proactively assess the effects on their responsibilities.

    Conclusions:

    • The implementation of a uniform costing methodology in the NHS is imminent.
    • General managers must actively engage with the new system to understand its effects on service pricing and contract negotiation.
    • Proactive understanding is crucial before the finalization of costing guidelines.