A health care organization, StarCare, wants to implement a program to increase use of diabetes care...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A health care organization, StarCare, wants to implement a program to increase use of diabetes care services. In the past StarCare has billed insurance companies $350 per group session on cardiac care, a similar service, and thus plans to bill $350 for the diabetes group sessions. Operational expenses for the diabetes care services will be $1,000. Because StarCare is concerned with quality of services, it plans to have a consistent group size of 20 participants. However, the number of group facilitators will vary based on the number of diabetes care group participants. For every participant, it costs StarCare $300 in facilitator salary and other expenses. StarCare will only do one session if it is profitable. Based on this information, what are (a) the fixed costs for the proposed diabetes care program and the (b) the total variable costs for 20 participants? A health care organization, StarCare, wants to implement a program to increase use of diabetes care services. In the past StarCare has billed insurance companies $350 per group session on cardiac care, a similar service, and thus plans to bill $350 for the diabetes group sessions. Operational expenses for the diabetes care services will be $1,000. Because StarCare is concerned with quality of services, it plans to have a consistent group size of 20 participants. However, the number of group facilitators will vary based on the number of diabetes care group participants. For every participant, it costs StarCare $300 in facilitator salary and other expenses. StarCare will only do one session if it is profitable. Based on this information, what are (a) the fixed costs for the proposed diabetes care program and the (b) the total variable costs for 20 participants?
Expert Answer:
Answer rating: 100% (QA)
Answer a The fixed costs for the proposed diabetes care prog... View the full answer
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
Students also viewed these accounting questions
-
A company has lost money in the past and has a $ 1.4 million NOL but expects to begin earning money again next year. Assuming future taxable income of $ 500,000 per year for the next three years, a...
-
This case shows how a health care organization uses flexible work arrangements to provide care for patients, as well as to attract and keep employees. (For the case, go to...
-
Research a health care organization or a network that spans several states within the U.S. Review "Singapore Airlines Case Study." Write a paper that focuses on the organization or network you have...
-
In Problem 12.4 on page 423, you used the percentage of alcohol to predict wine quality. The data are stored in VinhoVerde. From the results of that problem, b 1 = 0.5624 and Sb 1 = 0.1127. a. At the...
-
Multiple Choice Questions Identify the best answer for each of the following: 1. A financial audit for a governmental entity may a. Be primarily concerned with providing reasonable assurance that...
-
Anna Pelo is unable to reconcile the bank balance at January 31.Annas reconciliation is as follows. Cash balance per bank....... $3,560.20 Add: NSF check............ 690.00 Less: Bank service...
-
Develop the appropriate primary research question to be associated with this design. Develop a hypothetical research scenario that would necessitate the use of the Action Research Approach and a...
-
For 2012, Selene Company initiated a sales promotion campaign that included the expenditure of an additional $25,000 for advertising. At the end of the year, Scott Brown, the president, is presented...
-
(Parent reference for BST) Revise TreeNode by adding a reference to a nodes parent, as shown below: BinaryTree.TreeNode #element: T #left: TreeNode #right: TreeNode #*parent: TreeNode Create a test...
-
Macinski Leasing Company leases a new machine to Sharrer Corporation. The machine has a cost of $70,000 and fair value of $95,000. Under the 3-year, non-cancelable contract, Sharrer will receive...
-
After Tom and Elise Ryan finished veterinary school in the early 2000s, they spent several years working for other veterinary clinics. By 2007, they felt it was time for them to start their own...
-
3. (a) Compute the following integral. The quantity a is simply a constant. Remember, do the integrals from the "inside out" (z first, then y, then x). Also, when doing an integral (say, the z...
-
Please write assembly code using the SimpleRISC instruction You can write your solution directly here or upload a pdf.
-
3. Vibration systems can be expressed by the following equation: (1)x+(2)x + (3)x = F The coefficients in the equation represent a type of matrix for each term. Which one of following answers is...
-
2) Determine the shortest distance between the point P(1,2,3) and the plane 3x - y 2z + 1 = 0
-
A steam turbine is to be designed using impulse stages. The inlet pressure is 10 bar absolute and 500C and outlets to a condenser at a pressure of 0.04bar absolute. At design stage the isentropic...
-
Prior to the board meeting, you should take a look at and prepare the following financial information: 1. Analyse the liquidity ratios 2. Analyse the solvency ratios 3. Review the viability position...
-
From a medical tourist perspective, compare Shouldice with the traditional hospital in terms of the key factors of competition. Using Table 15-3, why would Shouldice attract patients from outside the...
-
You could purchase a zero coupon bond that has a maturity value of $ 25,000 and earns a current market rate of 3 percent. If the bond matures in 10 years and we assume semiannual compounding, what is...
-
Who takes primary responsibility for audited financial statements issued to the public?
-
Discuss the concept of goal congruence.
-
A particle moves on a predetermined trajectory with the equation of motion \(s(t)=k t^{2}\), with \(k\) constant and with magnitude of the acceleration equal to \(a=2 k\). Show by using (3.74) that...
-
A projectile is launched from the Earth's surface with velocity \(v_{0}=50.0 \mathrm{~m} / \mathrm{s}\), at an angle \(\theta=60^{\circ}\) to the vertical. Determine the radius of curvature of the...
-
The equation of motion of a particle is given in Cartesian coordinates by the relation \(\mathbf{r}(t)=\alpha t^{2} \hat{\mathbf{i}}+\beta t^{2} \hat{\mathbf{j}}\). Determine (i) the trajectory of...
Study smarter with the SolutionInn App