Question: Fill in the values for (a) through (m). Please show all of your calculations/ formulas. Please write out the numerical formula, not the word formula.

Fill in the values for (a) through (m).

Please show all of your calculations/ formulas. Please write out the numerical formula, not the word formula. Be sure to clearly label your answers.

For example:

(a) $2,000 x 25 = $50,000

Please show calculations and formulas

Daisy Medical Center has three payer groups and the Medical Center's fixed costs are $38,800,000.

Daisy Medical Center's Financial Data
Payer Number of Admissions Average Revenue per Admission Revenue by payor Variable Cost per Admission Total Variable Costs Contribution Margin
Medicaid 1,000 $6,000 (a) $3,000 (b) (c)
Blue Cross 4,000 $4,500 (d) $4,000 (e) (f)
Medicare 8,000 $7,000 (g) $2,500 (h) (i)
Total 13,000 (j) (k) (l)

(m) - What is the Daisy Medical Center's profit?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!