F&A [Facilities & Administrative] costs, also known as IER [Indirect Expense Recovery] or Indirect Costs, are real costs that are necessary to cover expenses which cannot be charged directly to a ...

As you consider starting or expanding a business, one helpful tool is understanding your unit costs. This is important whether you are offering a service or a product. Simply stated, your unit cost is ...

Economies of scale refer to the process of reducing the average cost per unit as production scales. It enables higher ...

Businesses are always looking for ways to cut costs and improve their bottom line. One often-overlooked area for potential savings is indirect spending—the expenses that are not directly related to ...

This week is a big week for inflation data: The Labor Department is putting out its latest consumer price index on Wednesday, the producer price index comes out Thursday and the import price index ...

Hospitals and health systems face growing pressure to outsource their clinical laboratories amid an increasing number of healthcare mergers and acquisitions. As healthcare leaders weigh the perceived ...

Massachusetts Hall is located in Harvard Yard and houses the University president's office. As indirect costs from the National Institutes of Health hang in legal limbo, Harvard's rate has come under ...

After a Feb. 7 order from the National Institutes of Health attempted to slash federal funding for overhead expenses tied to research projects, researchers across Harvard feared their work was in ...