Healthcare institutions, like other businesses, have a certain amount of operating expenses that are necessary for the continued functioning of their business. Overhead costs include, for instance, energy expenses, the costs of bureaucratic governance and documentation, advertising, supplies, and, in some cases, rent.
One of the main problems with overhead expenses is that the cost of energy, administration, and maintenance is generally increasing rather than decreasing. Hence, using efficient technology and solutions is key. What could be avoided, however, are costs associated with mistakes in reimbursement and documentation processes, incorrect procedures, or insufficient technology servicing. - read more -