Referencing Chapters 5 and 6 in the text, and using evidence in your text or from other sources for support, discuss the three ways to group expenses:
• Traditional cost centers, diagnoses/procedures, and care settings.
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• Compare and contrast the different types of groupings.
• Discuss the pros and cons of each. Provide and explain at least two examples/scenarios in which you would use specific groupings. Justify your response.
• Which type of grouping do you think is better to use for control and planning? Why?
• Are there situations/circumstances where certain groupings would be completely inappropriate? Why? Respond to at least two classmates’ postings.
Do you agree/disagree with your classmates’ opinions? Why or why not? Support your response in at least 250-300 word post.
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