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14 February, 02:24

Name at least two variances beyond the traditional "three-way variances" that we studied in class that are useful in analyzing financial variances in health care organizations?

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  1. 14 February, 02:29
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    Other variances include the following: two way, one way, and four way. These variances represent the amount of money that needs to be saved or budgeted in relation to the amount that is actually due for payment under the applicable health care plan. Under each variance it is important to not the volume of patients, the efficiency of care, and the cost of care.
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