Allan et al.'s [3] systematic review of physician awareness of drug cost, by investigating doctors' knowledge of the cost of medications and factors influencing
cost awareness, not only showed a low cost estimation accuracy but also that high-cost items were more accurately estimated than inexpensive ones.
Cost awareness amongst anaesthetic staff is poor and the results are similar to our previous study (Bailey et al 1993).
In the following, the suitability of these processes for standards-compliant sterilization and their process safety, effectiveness, and
cost awareness will be compared.
Therefore, it could be reasoned that a lack of drug
cost awareness for that particular medication would be irrelevant.
Predictors of
cost awareness among healthcare staff also vary.
It gives them an opportunity to learn new ideas, develop better skills, increase their efficiency, develop a concept of budget and
cost awareness, and gives them confidence to do a better job and to care about the job they are doing.
Employees have more
cost awareness than before and are generally more conservative."
Army Central (ARCENT) Director of Resource Management (DRM) was tasked by the Army's leadership to introduce and instill
cost awareness and a "cost culture" within ARCENT's span of resource management execution and thereby achieve significant savings.
Unlike some of our more fortunate counterparts in other hospitals, we have had to work with a lean budget for several years, so we are used to a pervasive
cost awareness. Our philosophy is a simple one.
In this new culture, Army leaders and managers routinely and effectively will incorporate cost considerations into their decision making, and this heightened sense of
cost awareness will create an increased demand for transformed business processes that deliver improved performance at lower prices.