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Acme Hospital, a not-for-profit acute care facility has the following cost structure for inpatient services: Fixed Costs $ 20,000,000 Variable cost per inpatient day $

Acme Hospital, a not-for-profit acute care facility has the following cost structure for inpatient services:

Fixed Costs

$ 20,000,000

Variable cost per inpatient day

$ 250

Charges (revenue) per inpatient day

$ 2,000

The hospital expects to have a patient load of 20,000 inpatient days next year. Please show your work! A. Construct the hospital's base case projected P&L statement B. What is the hospital's break-even point C. What volume is required to provide a profit of $1,000,000? A profit of $500,000

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