How Healthcare Costs are Calculated: Basic Equation
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How Healthcare Costs are Calculated: Basic Equation
Healthcare Costs--at a basic level--are calculated with a very simple formula: Price Per Unit X The Number of Units = Total Healthcare Costs For Example: Price per MRI = $1,000 Number of MRIs = 50 Total Healthcare Costs for MRIs = $50,000 This formula is very straightforward, but it is helpful in preventing distraction from the "so-called ...
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