healthcare finance

Description

New solution updates


Question

ABC hospital, a not for profit acute care facility, expects to have a patient load of 20,000 inpatient days next year and has the following cost structure for its inpatient services? Fixed Cost $10,000,000 Variable costs per inpatient day $300 Charge (revenue) per inpatient day $1200 What is the hospitals expected profit and /or loss? a)Profit of $14 million b)Profit of $8 million c)breakeven d)Profit of $18 million Jan 19 2014 11:25 PM

 

Solution ID:608964 | This paper was updated on 26-Nov-2015

Price : $24
SiteLock