administrative cost

Administrative Cost

Managed care A cost incurred by the "business" end of a health care facility or university—e.g., staffing and personnel costs, nursing home and hospital administration, insurance, and overhead expenses. See Indirect costs.

administrative cost

Managed care A cost incurred by the 'business' end of a health care facility or university–eg, staffing and personnel costs, nursing home and hospital administration, insurance, and overhead expenses. See Indirect costs.