Katie Worth

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  • Katie Worth
  • Hospital material[dollar sign] management
  • 1986
Although a shoddy business practice, hospitals have historically found it advantageous to expense inventory upon receipt rather than use for two reasons: It sped up reimbursement, and under a cost-based reimbursement system, huge cashes of "unofficial" inventory didn't affect profitability. This reasoning no longer applies. The author explains various(More)
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