4. Assume a quality improvement program will increase a hospital s revenue by 1%, increase treatment costs

Question:

4. Assume a quality improvement program will increase a hospital ’s revenue by 1%, increase treatment costs by 0.5%, and add $500,000 in administrative costs. What will be the impact on the organization ’s net income if its revenues, total treatment costs, and administrative expenses are currently $100,000,000, $70,000,000 and $25,000,000?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: