Question: Total FFS Visit Volume 7 5 , 0 0 0 visits Payer Mix:Blue Cross 3 0 % Highmark 7 0 % Reimbursement Rates Blue Cross

Total FFS Visit Volume 75,000 visits
Payer Mix:Blue Cross 30%
Highmark 70%
Reimbursement Rates
Blue Cross $35 per visit
Highmark $20 per visit
Variable Costs
Resource Inputs
Labor
48,000 total hours
Supplies
65,000 total units
Resource Input Prices
Labor $25.00 per hour
Supplies $ 3.50 per unit
Fixed Costs (overhead, plant and equipment)
$500,000.00
Based on this information, calculate the total variable costs per visit.
Choice: $13.450 per visit
Choice: $15.04 per visit
Choice: $19.03 per visit
Choice: $22.75 per visit

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 General Management Questions!