Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Laboratory cost analysis: a practical approach.

R B Carpenter1

  • 1Laboratory of Clinical Medicine, Sioux Falls, SD.

Clinical Laboratory Management Review : Official Publication of the Clinical Laboratory Management Association
|April 9, 1990
PubMed
Summary
This summary is machine-generated.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Joint ventures in the next decade: four approaches.

The Healthcare Forum journal·1989
Same author

Where to venture next? After some relatively smooth sailing, hospital-physician joint ventures face turbulent times.

The Healthcare Forum journal·1989
Same author

Management services organizations: capitalizing on an unconventional solution to fund raising.

Group practice journal·1987
Same author

Medicare capitation.

Healthcare forum·1985
Same author

Joint ventures. Finding the shoe that fits. Opportunities in the marketplace of PPOs, HMOs, and DRGs.

Hospital forum·1984
Same author

Incentive compensation for health executives.

Hospital forum·1981
Same journal

What is your return on your skills investment?

Clinical laboratory management review : official publication of the Clinical Laboratory Management Association·2000
Same journal

As we see it. Outreach.

Clinical laboratory management review : official publication of the Clinical Laboratory Management Association·2000
Same journal

Dollar$ & $en$e. Part III: Measuring added value.

Clinical laboratory management review : official publication of the Clinical Laboratory Management Association·2000
Same journal

When a health-care plan does not cover an ordered test.

Clinical laboratory management review : official publication of the Clinical Laboratory Management Association·2000
Same journal

Career development strategies. The psycho-barbarian manager.

Clinical laboratory management review : official publication of the Clinical Laboratory Management Association·2000
Same journal

The use of the Delphi panel for consensus development on indicators of laboratory performance.

Clinical laboratory management review : official publication of the Clinical Laboratory Management Association·2000
See all related articles

This study offers a practical, non-computerized cost analysis method for small laboratories. It details cost accounting, breakeven analysis, and provides adaptable worksheets for financial planning.

Area of Science:

  • Laboratory Management
  • Financial Analysis

Background:

  • Computerized cost analysis may be inaccessible or undesirable for smaller laboratories.
  • Effective financial planning requires accurate cost accounting.

Purpose of the Study:

  • To present a practical, non-computerized cost analysis method for small laboratories.
  • To integrate cost accounting principles into laboratory planning functions.

Main Methods:

  • Overview of cost accounting and its role in planning.
  • Description of three common cost analysis methods and their applications.
  • Explanation of breakeven analysis and its utility.
  • Presentation of a stepwise worksheet approach for cost analysis with examples.

Main Results:

Related Experiment Videos

  • A simplified, practical method for laboratory cost analysis is provided.
  • Worksheets offer a step-by-step process for financial assessment.
  • The method is adaptable for specific laboratory operations.

Conclusions:

  • Small laboratories can perform effective cost analyses without complex software.
  • The presented methods and worksheets support informed financial decision-making.
  • Adaptation of the provided tools can enhance operational efficiency.