Definition Of Cost Containment
Definition Of Cost Containment. Cost containment is a business strategy that involves cutting expenses to increase profitability or to remain sustainable over time. Positive costs bring new business.
A definition should not be too general or too specific. It should not include words from common usage that aren't relevant to the term being defined. It should also not be too obscure. It should define a term in a way that makes its meaning clear and understandable to other people. Definitions that don't meet these standards are called "obscurum per obscurius."
Definitions are an essential part of writing, as writers often use them to explain unfamiliar concepts. There are three types of definitions, but all attempt to explain a term. This article will introduce three of them. The first is a simple one. It explains the concept of an object or an idea. The second type is a complex one. The third type, the compound definition, combines two or more words. Using more than one, however, is often unnecessary.
A secondary metropolitan statistical area is a part of a larger area. The largest place in a MSA is designated as the central city. Further, there may be several additional places designated as central cities in a PMSA. A few PMSAs do not have a central city. A central city is included in a metropolitan statistical area's title, while all other central cities are not part of the central city boundary.
A primary family is made up of a married couple, and the children that live with them. There may be other members of the household. They may also be unrelated, including a roommate, guest, partner, foster child, or employee in a hospital. The term "head" is no longer appropriate in household data analysis, as couples tend to share household responsibilities.
Depending on the context, a definition may be necessary. It is essential that a writer be aware of when to include a definition. Some words may be familiar to most readers and not need a definition. However, it is not necessary for a writer to include a definition every time. Instead, it is better to use a word or phrase that would better explain the meaning of the word.
In the United States, a public school is an educational institution that is run by a public body. In contrast, a private school is an educational institution run by a religious organization or a private party. Both are classified as public and private schools, with enrollment counted according to the primary control of each.
Cost containment is a business strategy that involves cutting expenses to increase profitability or to remain sustainable over time. You can complete the definition of cost containment given by the english cobuild. For example if a patient had a procedure that cost $5,000 and had a $500 deductible and 80%/20% copayment, the patient would be responsible for the $500 deductible, after that the.
Containment Is The Action Or Policy Of Keeping Another Country's Power Or Area Of Control.
Measures taken to reduce expenditure or the rate of growth of expenditure, or the unit cost of services. Information and translations of cost containment in the most comprehensive dictionary. Positive costs bring new business.
A Program Objective Which Pursues Regulation Of Prices Associated With Regulating And Administering The Program Results.
Cost containment synonyms, cost containment pronunciation, cost containment translation, english dictionary definition of cost containment. Remediation costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the eligible property. Related to defense and cost containment expenses.
It Is A Practice Where Extraordinary Expenses.
Cost containment is a business strategy that involves cutting expenses to increase profitability or to remain sustainable over time. A similar look at contact center outsourcing can be seen when one considers that outsourcing contact center needs was once driven by cost containment but a backlash began when. Cost containment in healthcare is a comprehensive strategy that integrates efforts to reduce an organization’s existing costs and control current and future costs.
Unfortunately, Cost Containment Measures Often Become About Simply Reducing As Many Expenses As Possible Without Considering The Impact On The Business Operations As A.
You can complete the definition of cost containment given by the english cobuild. Cost containment definition cost containment and quality of care. For example if a patient had a procedure that cost $5,000 and had a $500 deductible and 80%/20% copayment, the patient would be responsible for the $500 deductible, after that the.
Furthermore, Many Factors Influence The Inflation Of Health Care Costs.
What is it & what are the best strategies thoughtfully reducing unnecessary expenses prevention of unnecessary spending and, focusing on quality or care. | meaning, pronunciation, translations and examples Definition of cost containment in the definitions.net dictionary.
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