Question: For part 2 - Fill in the values for (a) through (m). Please show all of your calculations/ formulas . Any assignment submitted without calculations/
For part 2 - Fill in the values for (a) through (m). Please show all of your calculations/ formulas. Any assignment submitted without calculations/ formulas will result in a zero grade. See page 280 of your textbook for an example. Part 2. Assume Aqua hospital has three payer groups and the hospitals fixed costs are $38,000,000. Aqua Hospital's Financial Data Payer Number of Admissions Average Revenue / Admission Revenue by payor Variable Cost / Admission Total Variable Costs Contribution Margin Commerical 1,000 $5,000 (a) $3,000 (b) (c) MetCare 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 hospitals profit?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
