cost awareness


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cost awareness

In the economics of medical care, knowledge and consideration of the comparative costs of preventive actions versus the treatment of avoidable illness and disability.
See also: awareness
References in periodicals archive ?
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."
characteristics such as innovation, target group-specific identification of messages, on-time delivery, flexibility, cost awareness and stringent project management are expected.
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.
According to him, the "cost awareness" of the insured should be sharpened.
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.

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