Costing & Resource Use

Terms for identifying, measuring and valuing the resources used in health care.

  • Topic: Costing & Resource Use
  • 40 terms
  • Editor reviewed

2 terms

Activity-Based CostingABC, Activity Costing

Activity-based costing is a costing method that assigns resource costs to activities through causal cost drivers and then traces activity costs to services, patients, or other cost objects according to their use of those activities.

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Average CostCost per Unit, Mean Cost

Total cost divided by the quantity of output produced, giving the cost per unit of service.

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