1 answer

Which ratios are typically adopted in healthcare financial management? Why?

Question:

Which ratios are typically adopted in healthcare financial management? Why?


Answers

The ratios that are typically adopted in healthcare  financial management are uniform. Also they are simple and convenient.

For eg. revenue per patient, patient doctor ratio, salary per employee, revenue per treatment, cost per patient

The reason for using uniform ratios are that they are comparable and conclusions can be drawn from them.  

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