Expenses in a pediatric practice can be broadly categorized into:
1. Staff Salaries: This includes wages for doctors, nurses, administrative staff, and other healthcare professionals. 2. Medical Supplies and Equipment: Essential for diagnosis and treatment, ranging from basic supplies to advanced medical equipment. 3. Operational Costs: Rent, utilities, and other overheads required to keep the practice running. 4. Administrative Costs: Expenses related to billing, insurance claims, and other administrative tasks. 5. Training and Development: Investing in the continuous education and certification of medical staff.
