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By definition, in order to continue as a going concern, they have to have more revenue than expenses. There is new equipment, treatments, raises, maintenance,
by mc32 4y ago
By definition, in order to continue as a going concern, they have to have more revenue than expenses. There is new equipment, treatments, raises, maintenance, inflation, etc. I guess one could have an all-volunteer hospital where everything is donated, from time, and equipment to land and buildings, etc.
- pjmorris 4y ago> new equipment, treatments, raises, maintenance, inflation, etc Much of these are expenses. Other organizations have ways of distinguishing between what's needed and what's extra, why do you think hospitals have nothing extra?
- mc32 4y agoYes, but people typically think of expenses as more or less operating expenses.