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  • Uploaded by

    Dr Afua
  • Course

    BUSN651
  • Pages

    2
  • Subject

    Health
  • Rating

    100%   4

Question

If you were new to the healthcare organization and was asked to review the pricing of the services, where would you begin? What types of information would you need to help in this review?

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Solution Preview

In order to review the pricing of the service, I will begin from calculating the costs. It’s important to understand and acknowledge the direct and indirect cost which includes labor, training, and overhead cost. Operational cost sets the cost price of the service which needs to be followed by the markup cost. Value based pricing at the final stage will is 

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