Describe Return on Investment (ROI) and why this is important for Healthcare Managers/Administrators to understand. Provide examples to develop and substantiate your viewpoint.

Apply the breakeven analysis to a real-life healthcare topic, proving why a process will or won’t be cost effective at a hospital facility/healthcare center.

Please add references and in-text citations.

Minimum 500 words

References

Health Care Operations Management: A Systems Perspective, 2nd ed.

Langabeer, J.R. II. & Helton, J.

Jones & Bartlett Learning (2016).

ISBN: 978-1284050066

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