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.
| 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?
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