Overview
When evaluating the financial viability of a new service, many businesses overlook the impact that offering a new service may have on overhead costs. This resource provides a practical guide to help pharmacists evaluate how their fixed overhead costs may change when implementing new services and offers a clear process for calculating those added expenses. This resource will guide you in estimating current fixed overhead costs, identifying new or increased fixed overhead costs tied to clinical service delivery, and calculating the new total fixed overhead costs. Once you’ve completed these calculations, this information will be used, along with other expenses and revenue calculations from other resources, to determine the financial impact of offering a service.
Note: One-time purchases and changes to variable overhead costs, such as consumable resources, and personnel time will be handled separately through other resources.