FAUYou are the Director of Finance for ABC Hospital and you were asked by department

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FAU

You are the Director of Finance for ABC Hospital and you were asked by department

supervisors in finance and accounting to sift-canvass and harangue the staff on the following: The application of what would occur financially to the construction aggravate era if its worths were set at liberal costs and the application of worths if they were set at final costs, the consequence of the P&L announcement and breakeven separation. Provide examples and rationale for your responses.

Part 1: Include in your sift-canvassion to the staff the destruction betwixt a worth setter and a worth taker and interpret if most providers may be classified strictly as worth setters or worth takers.

Part 2: Include in your sift-canvassion the concept of worth shifting and target costing, making enduring to adduce it to your treatment and the vulgar healthcare environment. Sift-canvass the consequence of ghostly principles in healthcare pricing.

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