Region 9 HFMA Webinar: Achieve Accurate Costing: Identifying and Correcting Costing Errors in Outpatient Services

This session explores how healthcare organizations can improve the accuracy of patient cost accounting by identifying hidden costing errors and incorporating activity-based costing methodologies. Through real-world outpatient and inpatient case studies, attendees will learn how supplemental operational data, time-based activities, and indirect department costs can significantly impact profitability analyses, service line performance, and strategic decision-making.

Learning Objectives:

• Explain the key concepts and uses of healthcare cost accounting.
• Describe how activity-based costing improves the accuracy of patient cost calculations.
• Identify hidden costing errors in outpatient and inpatient services and evaluate their financial impact.
• Apply supplemental operational and time-based data to improve cost allocation and profitability analysis.