Thursday
October 23, 2014

Homework Help: account

Posted by Taylor on Wednesday, November 13, 2013 at 11:31pm.

You and several of your colleagues business partners have decided to establish an outpatient fertility clinic in your service area. All of you are very familiar with this patient population base, have completed an extensive market analysis that demonstrated a great need for the service, and are comfortable with setting up a business and the costs associated with this special group of patients. The outpatient fertility clinic will have a fixed cost of $9,788,000 start up costs, hiring of specialty physicians, anesthesiologists, advanced practice nurses and staff nurses, salaries, purchase of high technology fertility equipment, and other miscellaneous items. The fertility clinic will be open Monday through Saturday; 312 days per year. The fertility outpatient clinic has variable costs of $500 per patient visit-fertility medical equipment, oxygen supplies, and other miscellaneous items. Each patient will be charged the following per visit based on patient acuity categories: 1. Simple 15% = $2,000 2. Moderate 60% = $6,500 3. Complex 25% = $10,000 The projected patient visites per year are anticipated to be 7,488 visites. Hoe many patients would the clinic have to provide ser services for to break even, and at what point would this occur? What is your interpretation of the break even analysis? Is this project a variable and profitable service? Does the break even analysis support moving forward with this business? Why, or why not?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

health - You and several of your colleagues business partners have decided to ...
accounting for health care environment - Assume you are the financial director ...
business - A business wants to share its customer account database with its ...
accounting - The Fast Delivery Service submitted the transactions given below. ...
accounting I - A friend of yours wants to start her own pet sitting business. ...
Business law - If articles of incorporation are supposed to be prepared by a ...
Healthcare Technology - Analyze disaster vulnerabilities in health care and ...
geography - Sphere of an organization that renders a service in our area e.g....
Service management - An outpatient clinic has kept a record of walk-in patients ...
business - Let's say that you and two partners want to start a company that ...

Search
Members