The Role of Using Cost Accounting Techniques in Improving the Quality of Services in the Field of Urology

Abstract

This study investigates how cost accounting methods can raise the standard of care provided by urologists. This report highlights the significance of efficient cost management, acknowledging that price enhancement alone will not suffice to improve profitability in the current competitive healthcare industry. It specifically looks into how service quality is affected by direct and indirect expenses as well as particular cost accounting techniques connected to urology. Data were gathered from a sample of 100 accountants who worked in both government and private hospitals using a quantitative research methodology. The questionnaires were utilized to collect data, which was then analyzed using smart-PLS. The findings show that participants' perceptions of the contribution of cost accounting approaches to the improvement of urological services were overwhelmingly positive. The study also identifies areas that require improvement, especially in staff knowledge of cost accounting procedures and incorporating them into procedures for quality improvement. By presenting concrete data on the advantages and difficulties of using cost accounting methodologies in the specialized field of urology, this study adds to the continuing conversation on healthcare cost management.