Please fill in the blank spaces per excel spreadsheet:
I.
A) FFS = Number of member months / Capitated lives = 3,60,0000 / 30,000 = 12 visits.
B) 12 visits
II.
A) 12 visits
B) 30000
III)
A
Labor cost 12,42,000
supplies 1,26,000
Please fill in the blank spaces per excel spreadsheet: ACTUAL RESULTS (Problem 8.4 p 298-299) 1....
Problem 1 Tallahassee Clinic projected the following budget information for 2018: Total FFS Visit Volume 90,000 visits Payer Mix: Blue Cross 40% Celtic Insurance Company 60% Reimbursement Rates: Blue Cross $25 per visit Celtic Insurance Company $20 per visit Variable Costs – Resource Inputs: Labor 48,000 total hours Supplies 100,000 total units Variable Costs – Input Prices: Labor $25 per hour Supplies $1.50 per unit Fixed Costs (overhead, plant, and equipment) $500,000...
8.6 attached for reference
8.7 Refer to Problem 8.6. Chelsea Clinic's actual results for 2015 are shown in the table below. Total FFS Visit Volume Payer Mix: 100,000 visits Blue Cross 40% 60% Highmark Reimbursement Rates: Blue Cross $28 per visit $18 per visit Highmark Variable Costs Resource Inputs 50,000 total hours 150,000 total units (continued) Labor Supplies continued from previous page) Resource Input Prices: $28.00 per hour $1.50 per unit $500,000 Labor Supplies Fixed Costs (overhead, plant, and equipment)...
Problem 1
Tallahassee Clinic projected the following budget information
for 2018:
Total FFS Visit Volume
90,000 visits
Payer Mix:
Blue Cross
40%
Celtic Insurance Company
60%
Reimbursement Rates:
Blue Cross
$25 per visit
Celtic Insurance Company
$20 per visit
Variable Costs – Resource Inputs:
Labor
48,000 total hours
Supplies
100,000 total units
Variable Costs – Input Prices:
Labor
$25 per hour
Supplies
$1.50 per unit
Fixed Costs (overhead, plant, and equipment)
$500,000...
Tallahassee Clinic projected the following budget information for 2018: Total FFS Visit Volume 90,000 visits Payer Mix: Blue Cross 40% Celtic Insurance Company 60% Reimbursement Rates: Blue Cross $25 per visit Celtic Insurance Company $20 per visit Variable Costs – Resource Inputs: Labor 48,000 total hours Supplies 100,000 total units Variable Costs – Input Prices: Labor $25 per hour Supplies $1.50 per unit Fixed Costs (overhead, plant, and equipment) $500,000 Construct Tallahassee...
11. Chelsea Clinic's static budget, flexible budget and actual expense information for 2018 is listed below. To make the following problems easier I have summarized the following three financial statements side by side - static budget, flexible budget and actual results. Assumptions: Blue Cross Visits Highmark Visits Total Visits Static Budget 36,000 54,000 90,000 Flexible Budget 40,000 60,000 100,000 Actual Results 40,000 60,000 100,000 Revenues Blue Cross Highmark Total $ $ $ 900,000 $ 1.080.000 $ 1,980,000 $ 1,000,000 $...
Problem 1 Assume that a radiologist group practice has the following cost structure: Fixed costs $500,000 Variable cost per procedure $25 Charge (price) per procedure $100 Furthermore, assume that the group expects to perform 7,500 procedures in the coming year. Part A a. Construct the group’s base case projected P&L statement. (See exhibit 5-5). P & L Statement Revenue 750,000 (100 x 7500) Variable Costs -187,500 (25 x 2500) Contribution 562,500 Fixed Costs -500,000 Net income/profit 62,500 b. What is...