Homework Help: Financial Management

Posted by yito on Monday, November 12, 2012 at 12:55am.

You are the nursing administrator for a medical group that expects a severe outbreak of the flu this winter. You hire additional staff to treat the patients and administer shots. Your special project budget was for 1,000 hours of part-time nurses’ services at $40 per hour, for a total cost of $40,000. It was expected that these nurses would administer 400 flu shots and treat 1,600 flu patients. The medical group typically charges $50 for a flu shot and $80 for treating a flu patient. Actually, the group had 1,200 patients who received the flu shot and 1,400 who had the flu and received treatment. On average, it was able to collect $55 per flu shot and $70 per flu patient.

No one has answered this question yet.

Answer this Question

Related Questions

Medical Information Management - Which of the following health care ...
public health - Is Avian Flu an imminent/eminent threat? Who should get the ...
English - 1. He had a slight headache. 2. He had a light headache. 3. He had a ...
microbiology - what is the common-source outbreak of the H1N1 flu of 2009
Medical billing and coding - In what model of the integrated delivery system do ...
skwl quiz - which county, in england, has there been an outbreak of bird flu, ...
Healthcare - As the administrator of a local nursing home, you have just ...
Medical Information Management - Medical records at willow nursing home have the...
financial management - what are the four elements of financial management and ...
health care - What are some of the project management implications for the ...

For Further Reading

First Name:
School Subject:
Answer: