Service unit –
basic unit of measure being produced by your department, i.e. patient days, number of visits/procedures, hours of operation.
Direct Costs –
supplies and time spent taking care of patients.
–costs that come from somewhere else, costs which are not direct patient care , i.e. laundry, food services, respiratory.
Fixed costs –
costs which stay the same regardless of the level of activity/service, i.e. salaries of managers, education, electricity, heating and cooling, telephone.
– costs which change based on volume.
- Mixed costs – costs which contain both fixed and variable costs.