Problem
o Describe the existing needs for cost information in healthcare firms.
o Describe how cost information relates to the three key activities of management: planning, budgeting, and control.
o Describe the three main phases of the costing process.
o Explain the two systems necessary to accurately cost healthcare encounters of care.
o Describe the concept of relative value units (RVU).
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.