Would you agree? Hiring and maintaining a staff dedicated to cost accounting in healthcare is a perpetual process. It is a specialty niche that requires dedication and repetition to learn and understand due to the high learning curve. In our experience, it is hard to find qualified individuals that actually want to do cost accounting on a full time basis. Once hired, they typically have higher aspirations and move on to other positions when available. This, of course, affects the continuity of the process.
Considering the cost of salaries and benefits, non-productive time due to the high learning curve and the reoccurring hiring and training costs due to turnover, internal staffing can be expensive. Would outsourcing this process be a good option?