7. Suppose that General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services: Fixed costs Variable cost per inpatient day Charge (revenue) per inpatient day $10,000,000 200 1,000 The hospital expects to have a patient load of 15,000 inpatient days next year. Construct the hospital's base case projected P&L statement. a. b. C. What is the hospital's breakeven point (in number of inpatient days)? What volume is required to provide a profit of $1,000,000? A profit of $500,000? d. Now, assume that 20 percent of the hospital's inpatient days come from a managed care plan that requests a 25 percent discount from charges. Should the hospital agree to the discount proposal? Assume that the managed care plan will contract with a different provider if the hospital does not agree to the discount (i.e., the hospital will lose the inpatient days associated with the contract).