Analysis provides test for profitability of new services.
Breakeven analysis gives healthcare financial managers a tool for weighing the potential profitability of adding a new service. The method estimates profit or loss at various usage levels, showing at what level costs and profits meet. The analysis also lends itself to evaluating alternate courses of action, which may be compared to determine the best route to follow under various expansion proposals.
D003362:Cost-Benefit Analysis / Q000379:methods*; D005240:Feasibility Studies; D005376:Financial Management; D005377:Financial Management, Hospital / Q000379:methods*; D006739:Hospital Administration / Q000191:economics*; D007182:Income; D008962:Models, Theoretical; D011357:Product Line Management / Q000191:economics*; D012307:Risk Factors; D014481:United States