What are the Major Categories of Operational Costs?
Operational costs can be broadly categorized into several areas:
Personnel Costs: Salaries, benefits, and training for doctors, nurses, and administrative staff. Facility Costs: Rent, utilities, and maintenance of the physical space. Medical Supplies: Costs of medications, vaccines, and other medical equipment. Administrative Costs: Expenses related to billing, insurance, and other administrative tasks. Technology Costs: Investment in medical software, electronic health records (EHR), and other technological tools.
