Question

Explain why the concept of break even is essential for a blood bank.

Answer 1

A blood bank is a center where bloodgathered as a result of blood donation is stored and preserved for later use in blood transfusion. The term "blood bank" typically refers to a division of a hospital where the storage of blood product occurs and where proper testing is performed (to reduce the risk of transfusion related adverse events). However, it sometimes refers to a collection center, and indeed some hospitals perform collection.