Cost Control
Synonyms
Containment, Cost
Containments, Cost
Control, Cost
Controls, Cost
Cost Containment
Cost Containments
Cost Controls
The containment, regulation, or restraint of costs. Costs are said to be contained when the value of resources committed to an activity is not considered excessive. This determination is frequently subjective and dependent upon the specific geographic area of the activity being measured. (From Dictionary of Health Services Management, 2d ed)