account

posted by .

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?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. accounting I

    A friend of yours wants to start her own pet sitting business. She already has a business license that is required in her city. She has had a personal checking account for years. You have told her that she also needs to open a separate …
  2. business

    the fact that 60 percent of eastside clinic's patients have income below the poverty line illustrates that community's a. demographics b. population statistics c. patient financial transactions d. clinical record i think the answer …
  3. Business Analysis / Investment

    Help! I have had several solutions and cannot come up with an answer. Thank you! Envision that you have served as business manager of Media World for over 2 years. You have noticed that for the last 12 months the business has regularly …
  4. Business/ Math/ Investment

    I Only Need Question 3. I have completed the rest. I have had several solutions and cannot come up with an answer. Thank you! Envision that you have served as business manager of Media World for over 2 years. You have noticed that …
  5. accounting for health care environment

    Assume you are the financial director of a clinic that is a part of an organization named Getwell Clinics Incorporated. Your clinic—named after you—serves a suburban community with a population of about 24,000, of which 25% are …
  6. business

    A business wants to share its customer account database with its trading partners and customers, while at the same time providing prospective buyers with access to marketing materials on its Web site. Assuming that the business is …
  7. health

    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 …
  8. Economics / Finance

    What is the distinguishing feature of the limited partnership?
  9. English

    1. Have a conversation with your friends. 2. Have a communication with your partners. 3. Have a chatting with your partners. 4. Have a talking with your classmates. 5. Have a speaking with your close friends. 6. Converse with your …
  10. Business

    Help? I'm not good at business 1. Jacob is leading the strategic planning meetings for the nonprofit organization he works for. They are a new organization and are working toward getting all staff on the same page regarding the big

More Similar Questions