FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A nursing home contracts with an HMO for skilled nursing care at $2.25 PMPM. If costs are expected to average $125.00 per day, what is

A nursing home contracts with an HMO for skilled nursing care at $2.25 PMPM. If costs are expected to average $125.00 per day, what is the maximum utilization of days per 1,000 members that the nursing home can experience before it begins to lose money?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Focus On Personal Finance

Focus On Personal Finance

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

5th Edition

0077861744, 978-0077861742

More Books

Students also viewed these Finance questions

Question

★★★★★
Garcia Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes in northern New Jersey and southern New York. The...

Answered: 1 week ago

Question

★★★★★
Use If 2 of the subjects are randomly selected without replacement, what is the probability that they both had correct test results (either true positive or true negative)? Is such an event unlikely?

Answered: 1 week ago

Question

★★★★★
=+Find and interpret an autoregressive model for the euro prices.

Answered: 1 week ago

Question

★★★★★
Joe Truman, a retired army officer, opened Truman?s Catering Service. As his accountant, analyze the transactions listed next and present them in proper form. 1. The analysis of the transactions by...

Answered: 1 week ago

Question

★★★★★
Who are the stakeholders affected and what are the ethical issues in this case? Is Spotify justified in saying it is prepared to pay but claimants will have to come to them and present a rightful...

Answered: 1 week ago

Question

★★★★★
The following data (in thousands of dollars) have been taken from the accounting records of Larop Corporation for the just completed year....

Answered: 1 week ago

Question

★★★★★
The S-N-curve for an elastic material is characterized by the Basquin relationship, = C.N where C is a material constant, is the stress amplitude, Nr is the number of fully-reversed- stress cycles to...

Answered: 1 week ago

Question

★★★★★
2. Write a clarifying statement for your top five prioritized values. Answer the question, "What does this value really mean to me?" If you were living that value perfectly, what would your behaviour...

Answered: 1 week ago

Question

★★★★★
When a failure-to-extract malfunction is experienced in the AR platform, the barrel must be removed in order to properly replace the extractor

Answered: 1 week ago

Question

★★★★★
X; as an estimate of the population mean Problem 7. (10 POINTS) WEIGHTED SAMPLE MEAN In lectures, we discussed the sample mean X = =i. Let us consider a more general class of estimators: n X = wiXi,...

Answered: 1 week ago

Question

★★★★★
a ) Simplify this distributed load to an equivalent load / s . b ) Solve the reactions at A and B . and draw FBD of equivalent loading? 6 kN/m 9 kN/m 00 1.5 m 2 m 3.5 m

Answered: 1 week ago

Question

★★★★★
Demand or yield management is critical in services because of the following characteristic of services. Question 4 options: Variability Perishability Inseparability Intangibility

Answered: 1 week ago

Question

★★★★★
Reconstruct Missing Data: Disaster struck the only manufacturing plant of the Complete Transaction Equipment Corporation on December I . All the work in process inventory was destroyed. A few records...

Answered: 1 week ago

Question

★★★★★
Incomplete Data-Job Costing: The Quik Copy Publishing Company is a rapidly growing company that has not been profitable despite its increases in sales. You have been called in as a consultant to find...

Answered: 1 week ago

Question

★★★★★
A manufacturing company has records of its current activity in work in process inventory and of its ending work in process inventory. However, the record of its beginning inventory has been lost....

Answered: 1 week ago

Previous Question Next Question