Question: | THE EXTENDED HOURS PROPOSAL: We have been losing an average of ( $ 1 1 , 5 0 0 ) per
THE EXTENDED HOURS PROPOSAL:
We have been losing an average of $ per month at our primary care clinic. We cannot continue with these significant losses. We have an idea to expand our hours into the evening and staff the clinic with only Nurse Practitioners. What do we know about the idea of expanding our hours into the evening and staffing the clinic with only Nurse Practitioners?
The existing operation is losing money: the cost per visit is $ and revenue per visit is $
The added NP visits will generate only $ per visit.
We will generate an additional visits per month.
With the plan the revenue per visit is equal to only $
Our variable expenses will increase to the following:
All other Costs Fixed remain the same
Opening the night clinic appears to make the loss worse! Will it
This Question can be answered with only four calculations in five minutes or less. Can you do it
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
