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 $3.00 PMPM. If costs are expected to average $120 per day, what is

A nursing Home contracts with an HMO for skilled nursing care at $3.00 PMPM. If costs are expected to average $120 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?

Please show all work

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

Principles Of Managerial Finance Brief

Principles Of Managerial Finance Brief

Authors: Chad J. Zutter, Scott B. Smart

8th Global Edition

1292267143, 978-1292267142

More Books

Students also viewed these Finance questions

Question

★★★★★
Decorator Plus Imports recently reported the following stockholders equity (adapted except par value per share): Suppose Decorator Plus split its common stock 2 for 1 in order to decrease the market...

Answered: 1 week ago

Question

★★★★★
12. Use the Standard & Poor's Market Insight website (www.mhhe.com/ edumarketinsight) for this problem. Assume that Starbucks contem- plates selling music online over a website, via existing wireless...

Answered: 1 week ago

Question

★★★★★
Trace Greek medical thought from Aesculapius to Hippocrates.

Answered: 1 week ago

Question

★★★★★
Locate the 2011 financial statements for The Walt Disney Company on the Internet. Use those financial statements and consider the following questions. 1. As illustrated in Exhibit 10-10, Inter brand...

Answered: 1 week ago

Question

★★★★★
& Submit o compite the assement Qon 14 o/14 Question 14 4 points You are working as accountant at Batelco Company, and you are asked to use the time-based model to evaluate and improve the security...

Answered: 1 week ago

Question

★★★★★
The CEO of a company is planning on selling the Merchandising Division at the end of 20x6 so that the company can concentrate on the Construction side of the business. The CEO is interested in...

Answered: 1 week ago

Question

★★★★★
Darim Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for June: a. All materials are...

Answered: 1 week ago

Question

★★★★★
1 Which day of Week 8 at 11:59 p.m. MT does each session instruction end, according to the academic calendar in the catalog? Group of answer choices Sunday Monday Friday Saturday Question 2 Rereading...

Answered: 1 week ago

Question

★★★★★
Transfer functions in X and Y directions at the tool tip have been measured on twodifferent similar machines (Figure 1, a and b). Please compare these two machines interms of dynamic stiffness and...

Answered: 1 week ago

Question

★★★★★
5. A geometric distribution with parameter p has probability mass function f(x) = (1-p)-1p, x = {1, 2,...}. (a) Show that the Jeffreys prior for this distribution is the following improper prior....

Answered: 1 week ago

Question

★★★★★
5. BiCycle, Inc, produces two models of a new line of lightweight bicycles, a deluxe and a professional model. Each deluxe model requires 3 pounds of a titanium alloy while the professional model...

Answered: 1 week ago

Question

★★★★★
identify and define industry-standard communication design tools and their uses in the creative domains.

Answered: 1 week ago

Question

★★★★★
19. What effect do you want to have on them? (what feelings should they have)

Answered: 1 week ago

Question

★★★★★
11. What is their background in relationship to the topic. (what they have experienced so far)

Answered: 1 week ago

Previous Question Next Question