cost consciousness


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cost consciousness

Awareness of economic limits in the practice of medicine.
See also: consciousness
References in periodicals archive ?
This approach essentially consists of using budgeting techniques to make sure that cash inflows and outflows balance out and implies a low degree of cost consciousness.
Kendall established the Cost Consciousness team to investigate counterproductive behaviors and assess whether there were policies or processes that led to the behaviors and what needed to change to allow for reasonable cost-conscious behaviors to benefit the warfighter and taxpayer.
Further evidence of UK consumers' cost consciousness is suggested by the fact that 64% of those in work prepare lunch at home and take it into work.
Given the vast potential of the advanced communication test equipment market and the cost consciousness of customers, test equipment manufacturers have to price their products competitively and provide sufficient training to operators, notes the analyst.
The bone graft substitute (BGS) market will be driven by increasing surgeon and patient awareness of the advantages of these materials over autograft; however, strong cost consciousness among European hospitals will continue to hinder the growth of this market.
Clearly these receiverships are a sign of the times, when cost consciousness is essential.
How severely will these developments be compounded by cost consciousness among privatized Japanese hospitals?
The cost consciousness of consumers in the kingdom has also led to the growth of private labels and supermarkets have offered consumers value for money, leading to a mushrooming growth of this retail format in the kingdom.
Ascent is committed to creating better medical technology solutions to benefit patients and hospitals by combining our safety and quality standards with a focus on sustainability and cost consciousness.
The Deloitte survey also shows that cost consciousness and social awareness are the twin drivers behind corporate energy management, with 70 percent of companies reporting the desire to cut costs as a driver behind their energy management goals, and more than half (53 percent) saying that their companies have set energy-related goals at least in part because it is "the right thing to do.
This is another method that allows Medicare and Medicaid providers to ensure beneficiaries receive the most effective prescription care possible while maintaining cost consciousness," said Craig Spargimino, Vice President of Sales & Marketing, Sun Knowledge, Ltd.
In an environment of increasing regulatory reform and cost consciousness, pharmaceutical companies, insurance plans, and providers continue to demand more comprehensive sources of managed care information.