CHAPTER 8: FINANCIAL PLANNING & BUDGETING Homework 3.5, Chapter 8 Chelsea Clinic projected the following budget information for 2018: Total FFS Visits Volume 80,000 visits Payer Mix Blue Cross 55% 45% Highmark Reimbursement Rates: Blue Cross $25 per visit S30 per visit Highmark Variable Costs Resource Inputs Labor Supplies 0.5 hours per visit 1.2 units per visit Resource Input Prices: Labor Supplies $25.00 per hour S1.50 per unit Fixed Costs $750,000 Using Exhibit 8.3 as a guide (excluding the capitated numbers since payers in this homework problem are all FFS) construct Chelsea Clinic's operating budget for 2018, including projections for volume, revenues, costs, and a P&L statement