Which Is a Consideration That Determines Whether a Procedure Is

question 19

Multiple Choice

Which is a consideration that determines whether a procedure is performed at an ASC?

• A)Duration of procedure
• B)Cost of procedure
• C)Availability of anesthesia staff
• D)Patient infection rate

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Definitions:

Break-even Point

The point at which total costs and total revenue are equal, resulting in no net gain or loss for a business.

Contribution Margin

Contribution margin is the amount of revenue remaining after deducting the variable costs of producing a product, indicating how much contributes to covering fixed costs and generating profit.

Variable Costs

Costs that fluctuate based on the level of a business’s activity.

Total Direct Labor Cost

The total expenses incurred from labor directly involved in the production of goods or services.