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The gradual shift from treating employees as a replaceable part to embracing them as a valuable resource was primarily brought about by the trend toward
Inpatient Days
The total number of days that patients spend admitted to a hospital or healthcare facility for treatment.
Net Profit
The actual profit after working expenses not included in the calculation of gross profit have been paid.
Operating Leverage Factor
A measure indicating how a company's fixed costs relate to its variable costs, impacting profitability as sales levels change.
Contribution Margin
The contribution margin is the amount by which the sales revenue of a product or service exceeds its variable costs, indicating how much contributes to covering fixed costs and generating profit.
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