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Below operating costs. Rent plus utilities plus relevant salaries plus amortized cost of equipment. This is confounded a bit because a lot of medicine involves
by vec 9y ago
Below operating costs. Rent plus utilities plus relevant salaries plus amortized cost of equipment.
This is confounded a bit because a lot of medicine involves lots of expensive equipment and staff with huge student loans to pay down but low day-to-day operating costs, but for a lot of specialties there exists no set of insurance-independent prices that allow a normal clinic following industry standard practices to operate without losing money.
- chimeracoder 9y ago> Below operating costs. Rent plus utilities plus relevant salaries plus amortized cost of equipment. It's worse than that - it's below COGS (direct materials). So even before you account for rent/utilities/salaries/amortized costs, they're still making a loss, unless they operate in a CAH.