Budgeting and reporting are primary responsibilities of management, and it is imperative that the areas that need corrective action are recognized. Through comparing current and historical productivity, while taking into consideration consistency and trends, it can be determined if labor resources are being used efficiently. This course covers monitoring productivity and management reporting.

Learning Basics:

• Identify how productivity measurement improves efficiency for healthcare organizations 
• Define the four different categories of individual cost behaviors 
• Name the steps of management reporting 
• Name the information included in a financial assessment 
• Differentiate between the four types of variance