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The largest expense in healthcare organizations typically comes from labor costs, which include salaries, benefits, and other compensation for healthcare professionals such as doctors, nurses, and support staff. Additionally, operating costs related to medical supplies, equipment, and facility maintenance also contribute significantly to overall expenses. These costs are compounded by the need for ongoing training, compliance with regulations, and advancements in technology. As a result, managing workforce efficiency and resource allocation is crucial for financial sustainability in healthcare settings.

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1mo ago

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