When David Rosenhan asked mock “patients” to infiltrate a mental facility he found that they had some difficulty in getting back out.
September 17, 2020
Market Expansion and Drivers Management
September 17, 2020

Health Care Budgeting

ABC hospital needs a new billing system. The hospital is considering two software options: software A and software B. Software A costs $15,000 and will reduce operating cost by $5,000 per year; software B costs only $12,000 but will also reduce operating costs by $5,000 per year.

 Calculate payback period. Which software should be purchased according to payback method?