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There are three different types of costs that makeup a healthcare organization's expenses: fixed costs, variable costs, and semi-variable costs. How do financial managers use

There are three different types of costs that makeup a healthcare organization's expenses: fixed costs, variable costs, and semi-variable costs.

How do financial managers use these costs to compute contribution margins and break-even points? What are the two approaches to compute full-time employees (FTEs) in healthcare? Why is it important to determine productive time versus nonproductive time?

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