In accounting, contribution margin actually refers to the difference between sales revenue and variable costs. Contribution is also known as gross profit. The contribution is the first profit level ...

Nearly 40% of American hospitals operate with negative margins, and while efforts to optimize revenue have accelerated in recent years, cost containment continues to lag. Healthcare organizations have ...

Whether you're planning a budget or request grant funds, understanding and listing direct costs accurately on your plan helps ensure adequate funds to pay for your project. Listing direct costs helps ...