Hospitals can define and apply their own cost allocation methodology to the GL to create a fully allocated database, with costs removed from overhead cost centres and allocated to patient care cost centres.
GL Cost Allocation supports sophisticated costing that is easy to implement and maintain, by using hospital-wide standard costing rules and identifying their exceptions.
Cost Manager's built-in reconciliation and audit reports present accurate and consistent costing results. Each process is reconciled back to the original GL using mainstream and easy-to-use technology from Crystal Reports.
Advantages
Uses standard cost allocation methodology
Promotes sound costing practices
Defines hospital-wide costing rules and their exceptions
Ensures accurate and consistent results
Removes the expert knowledge required by other systems to perform costing.
