Question
Chelsea Clinics projected budget information for 2019 is listed below. Total FFS Visit Volume 82,000 visits Payer Mix: Blue Cross 25% Highmark 75% Reimbursement Rates
Chelsea Clinics projected budget information for 2019 is listed below. Total FFS Visit Volume 82,000 visits Payer Mix: Blue Cross 25% Highmark 75% Reimbursement Rates Blue Cross $35 per visit Highmark $20 per visit Variable Costs Resource Inputs Labor 52,000 total hours Supplies 65,000 total units Resource Input Prices Labor $ 18.00 per hour Supplies $ 4.50 per unit Fixed Costs (overhead, plant and equipment) $ 500,000.00 Based on this information, calculate the contribution margin. Choice: $410,000 Choice: $719,000 Choice: $874,000 Choice: $1,000,000
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