THE PLACE OF MANAGEMENT ACCOUNTING IN COST MANAGEMENT OF HEALTHCARE ORGANIZATIONS

The article is devoted to the issues of development of management accounting in the healthcare system. Its purpose is to determine the place of management accounting in cost management of healthcare institutions. Theoretical research conducted by the authors allowed to determine that management accounting occupies one of the key places in the modern system of organization management. Its task is to provide the necessary information for analysis, planning, control and decision-making, which contributes to increasing the efficiency of management and overall productivity of the organization. Since this type of accounting is not subject to the current legislation, it is quite flexible, can be used quite effectively in both commercial and municipal institutions of the healthcare system. The article presents the basic principles of management accounting and emphasizes that the implementation of these principles in healthcare institutions is extremely necessary when managing their costs. Therefore, the authors presented a general characteristic of the costs of healthcare institutions, identified areas of cost management and the main tasks that must be solved during the implementation of the management accounting system in healthcare institutions. In order to better understand the place of management accounting in the management of healthcare organizations’ costs, the general requirements for the formation of a indicators’ system of the healthcare institution’ performance and the criteria that management reporting in this institution must meet are presented. At the end, the authors outlined the key trends in the development of management accounting in healthcare, which included: the implementation of a process-oriented approach to management accounting; the development of strategic management accounting; digitalization of management accounting, integration of management accounting with the medical care quality management system; strengthening the role of management accounting in risk management; development of management accounting in project activities; formation of environmental management accounting; strengthening the role of management accounting in the personnel management system and the development of social management accounting.