Providence VA Medical Center. The Providence VA Medical Center was built in 1948, post-World War II, and accepted the first patient in 1949. An additional hospital wing was added in 1977, and an ambulatory care building addition was completed in February 1998.
There may be 2 two types of pharmacies in a Part D pharmacy network: Preferred pharmacy: This term refers to a smaller number of pharmacies within a planâs network that have agreed to charge a lower cost for your medication. When you use a preferred pharmacy, your cost-share, which is your copayment or coinsurance, will lower your medication costs. Standard pharmacy: This term refers to the pharmacies that participate in your planâs network that will charge a higher copayment or coinsurance than if you use a preferred pharmacy.
Hi Mike, Standard Cost is the most simple costing method compared to Moving Average and FIFO - simple in term of COGS calculation of Finished Goods. But beyond the simplicity, there is a big demand to come up with a standard cost that is as close as possible to the actual cost and to minimize the variance.