Assume that Midtown Clinic has the following cost structure: Fixed costs $750,000 Variable costs per visit$25 Revenue per visit $150 The clinic's utilization is 8,000 visits per year. Answer the following questions. A) Fill in the following P&L statement:

Total revenues? Total variable costs? Total contribution margin? Fixed costs? Net income?

B) What is the clinic's contribution margin?

C) What is the clinic's breakeven point?

D) Suppose the clinic contracts with an HMO that provides a per-member per month (PMPM) rate of $20. The average number of visits per member is 1.6 per year. At least how many members must the HMO have in order for the clinic to be profitable?